KORE Group Holdings, Inc. (KORE) Reports Q2 Loss, Tops Revenue Estimates

Company Performance - KORE Group Holdings, Inc. reported a quarterly loss of $0.5 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.47, and an improvement from a loss of $0.99 per share a year ago, indicating a year-over-year improvement [1] - Cerberus Telecom Acquisition posted revenues of $71.25 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.35% and showing an increase from year-ago revenues of $67.87 million [2] - Cerberus Telecom Acquisition has surpassed consensus revenue estimates three times over the last four quarters [2] Stock Performance - Cerberus Telecom Acquisition shares have declined approximately 26.1% since the beginning of the year, contrasting with the S&P 500's gain of 10% [3] - The current consensus EPS estimate for Cerberus Telecom Acquisition is -$0.33 on $75.1 million in revenues for the coming quarter and -$1.76 on $293.55 million in revenues for the current fiscal year [7] Industry Outlook - The Zacks Industry Rank for Internet - Software is currently in the top 30% of over 250 Zacks industries, suggesting that companies in the top 50% of Zacks-ranked industries outperform those in the bottom 50% by more than 2 to 1 [8] - VNET Group, another company in the same industry, is expected to report quarterly earnings of $0.02 per share, reflecting a year-over-year change of -66.7%, with revenues expected to be $321.33 million, up 17.1% from the year-ago quarter [9][10]