KORE Group Holdings Inc. reported third quarter 2025 revenue of $68.7 million, nearly unchanged from $68.9 million in the same period last year. IoT Connectivity revenue was $56.7 million, while IoT Solutions revenue was $11.9 million. Net loss decreased to $12.7 million, an improvement of $6.7 million or 35% compared to the prior year period. Adjusted EBITDA rose by 12% to $14.5 million. Total Connections increased to 20.5 million, up 9% from 18.8 million a year ago. Free cash flow improved to negative $1.1 million, an increase of $1.1 million from the same period last year. The company suspended guidance for the remainder of fiscal year 2025.
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