---
schema_version: "secwatch.filing_event.v1"
accession: "0001855457-24-000046"
form_type: "8-K"
ticker: "KORE"
cik: "0001855457"
company_name: "KORE Group Holdings, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:36:23.076269+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KORE Q1 revenue up 15.2% to $76.0M; net loss narrows; reaffirms FY guidance

## Summary
- Revenue $76.0M (+15.2% YoY); IoT Connectivity $57.9M (+33% YoY, organic +11%).
- Net loss $17.6M vs. $18.5M a year ago; Adjusted EBITDA $14.8M (+10.7% YoY).
- Closed-won TCV $52M (incl. $26M Connected Health contract), up from $28M last year.
- Reaffirms FY2024 revenue guidance $300M-$305M and Adjusted EBITDA $64M-$66M.
- IoT Solutions revenue $18.1M, -19% YoY due to timing and shift from low-margin hardware.

## SEC filing metadata
- accession: 0001855457-24-000046
- form_type: 8-K
- ticker: KORE
- cik: 0001855457
- company_name: KORE Group Holdings, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855457/000185545724000046/0001855457-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855457/000185545724000046/kore-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001855457-24-000046
- JSON: https://secwatch.observer/filing/0001855457-24-000046.json
- Plain text: https://secwatch.observer/filing/0001855457-24-000046.txt

## Key facts
- Earnings Releases
  KORE Group Holdings, Inc. reported full year 2024 results: revenue $300 million to $305 million. Guidance reaffirmed.
  - Period: full year 2024
  - Revenue: $300 million to $305 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company reaffirms its full year 2024 revenue guidance in the range of $300 million to $305 million and Adjusted EBITDA, a non-GAAP metric 2 , guidance in a range of $64 million to $66 million, reflecting a re-acceleration in IoT Connectivity growth.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855457/000185545724000046/0001855457-24-000046-index.htm
- Earnings Releases
  KORE Group Holdings, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).
  - Period: first quarter ended March 31, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: First quarter 2024 revenue was $76.0 million, a 15.2% increase over the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855457/000185545724000046/0001855457-24-000046-index.htm
- Earnings Releases
  KORE Group Holdings, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).
  - Period: first quarter ended March 31, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net loss was $17.6 million for the first quarter of 2024, a 4.9% reduction from $18.5 million for the same period a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855457/000185545724000046/0001855457-24-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.