How did KORE's Q4 2024 forecast compare to past quarters?
4/9/2025 12:33am
KORE Group Holdings' estimated revenue for Q4 2024 was $68 million, which was slightly below the revenue estimates for the previous quarters.
1. **Comparison to Q3 2024**: The estimated revenue for Q4 2024 was lower than that of Q3 2024, which was $73.38 million.
2. **Comparison to Q2 2024**: Similarly, the revenue estimate for Q4 2024 was also lower than that of Q2 2024, which was $73.92 million.
The decline in estimated revenue from Q3 to Q4 2024 could be indicative of various underlying issues such as market conditions, company performance, or industry trends. However, without additional context, it is difficult to pinpoint the exact reasons for this trend.