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KORE joins the Russell Microcap® Index
Prnewswire· 2025-07-03 11:00
ATLANTA, July 3, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE), the global pure-play IoT hyperscaler and provider of Connectivity, Solutions, and Analytics, has been added to the Russell Microcap® Index following the 2025 Russell indexes reconstitution, effective after the U.S. market opened on June 30. "We are pleased to be included in the Russell Microcap® Index, which we view as a meaningful acknowledgment of the progress we are making," said Anthony Bellomo, Chief Financial Officer of KORE ...
Gorilla Announces $105 Million Registered Direct Offering of Common Stock
Newsfile· 2025-06-30 12:30
London, United Kingdom--(Newsfile Corp. - June 30, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced that it has entered into a securities purchase agreement for ordinary shares with a $100 million investment from a single new fundamental institutional investor as well as participation from a large existing shareholder to raise $105 million of ...
Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET
Newsfile· 2025-06-13 12:00
Company Overview - Gorilla Technology Group Inc. is headquartered in London, U.K. and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [3] - The company offers a diverse range of solutions including Smart City, Network, Video, Security Convergence, and IoT across various sectors such as Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [3] Upcoming Financial Results - The company will hold a conference call on June 18th, 2025, at 4:30 p.m. Eastern time to discuss its financial results for the first quarter of fiscal year 2025, which ended on March 31, 2025 [1][2] - Financial results will be released in a press release prior to the call [1] Technological Expertise - Gorilla Technology specializes in enhancing urban operations, security, and resilience through innovative products that leverage AI for intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [4] - The integration of these AI-driven technologies aims to empower Smart Cities, improving efficiency, safety, and cybersecurity measures, thereby enhancing the quality of life for residents [4]
Foxx Development Poised to Join Russell Microcap Index
Globenewswire· 2025-06-06 13:05
Irvine, CA, June 06, 2025 (GLOBE NEWSWIRE) -- Foxx Development Holdings Inc. (“Foxx Development” or “Company”) (Nasdaq: FOXX), a leading provider of consumer electronics and integrated Internet-of-Things (IoT) solutions for retail and institutional clients, today announced that the Company will be included in the Russell Microcap® Index following FTSE Russell's preliminary 2025 annual reconstitution list. Foxx is among the telecommunications companies slated to join the list, representing a significant mile ...
3 Wireless Non-US Stocks Likely to Thrive on Industry Strength
ZACKS· 2025-05-26 15:25
The Zacks Wireless Non-US industry appears well-poised to benefit from healthy demand trends stemming from the increasing propensity to stay connected. However, high capital expenditure for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts, raging wars and high customer inventory levels have dented the industry’s profitability.Nevertheless, TIM S.A. (TIMB) , Ceragon Networks Ltd. (CRNT) and PLDT Inc. (PHI) are likely to capitalize on the solid long-term growth o ...
QCOM Advances Digital Transformation Initiative in UAE: Stock to Gain?
ZACKS· 2025-05-19 16:10
Group 1: Strategic Collaboration - Qualcomm Technologies, Inc. has partnered with e& to enhance digital infrastructure in the UAE, focusing on industrial and enterprise 5G edge AI gateways [1] - The collaboration aims to develop advanced edge AI devices and support generative AI capabilities by integrating large language models [1] - Qualcomm will also work on smart mobility and safety solutions to improve the UAE's transportation infrastructure and support industrial IoT solution development across various sectors [1] Group 2: Engineering Center and Innovation - A global Engineering Center will be established in Abu Dhabi, collaborating with local and international companies to support regional strategic initiatives [2] - The center will align with national priorities and development goals, facilitating transformative technologies in critical sectors such as energy, manufacturing, logistics, retail, and smart mobility [2] Group 3: Market Position and Stock Performance - Qualcomm's establishment of the engineering center positions the company at the center of a region becoming a global hub for future-defining industries, enhancing its R&D capacity and market position [3] - Shares of Qualcomm have decreased by 22.9% over the past year, contrasting with the industry's growth of 18.1% [6] - Qualcomm currently holds a Zacks Rank of 3 (Hold), while other companies in the industry, such as Juniper Networks and InterDigital, have higher rankings [7][9]
KORE Reports First Quarter 2025 Results
Prnewswire· 2025-05-15 20:15
Growth in Connections, Operating Cash and Free Cash Flow ATLANTA, May 15, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the quarter ended March 31, 2025.Company Highlights Total Connections1 increased to 19.8 million, up 8% from 18.3 million in the same period last year. Cash provided by operation ...
LACROIX announces its project to exit North America by the end of 2025, as part of a strategic refocus on its strongest and highestpotential activities. In Q1 2025, revenue declined by 10.4% on a like-for-like basis.
Globenewswire· 2025-05-15 15:46
15/05/2025 LACROIX announces its project to exit North America by the end of 2025, as part of a strategic refocus on its strongest and highest-potential activities In Q1 2025, revenue declined by 10.4% on a like-for-like basis, impacted by ongoing challenging market conditions in the Electronics activity, while strong momentum continued in the Environment activity The 2027 roadmap presentation is confirmed for September 30, 2025. Planned exit of the Electronics activity in North America (LACROIX ELECTRONI ...
Acorn, Provider of Backup Power Generator Monitoring and Control Solutions, Hosts Q1 Earnings Call Thur. May 8th at 11am ET
Globenewswire· 2025-05-01 13:25
WILMINGTON, Del., May 01, 2025 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control IoT solutions for backup power generators, gas pipelines and air compressors, will report Q1 2025 results before the market opens on Thursday, May 8th and host an investor call at 11:00 a.m. ET. Following prepared remarks, Jan Loeb, President & CEO, and Tracy Clifford, CFO & COO of OmniMetrix, will field investor’s questions. Conference Call & ReplayDate/Time:Thursday, May 8th at1 ...
KORE(KORE) - 2024 Q4 - Earnings Call Transcript
2025-04-30 22:02
KORE Group (KORE) Q4 2024 Earnings Call April 30, 2025 05:00 PM ET Company Participants Vik Vijayvergiya - Vice President, Investor RelationsRonald Totton - President & CEOPaul Holtz - Executive VP, CFO & Treasurer Conference Call Participants Lance Vitanza - MD & Senior AnalystScott Searle - Managing Director, Senior Research Analyst Operator Greetings, and welcome to the Core Group Holdings Fourth Quarter twenty twenty four Earnings Call. As a reminder, this conference is being recorded. It is now my plea ...