Kore Group reports Q2 revenue $71.3M vs. $67.9M last year

Total connections increased to 20.1M, up 8% from 18.6M from the same period last year. “We are pleased with our results this quarter, as we are seeing growth in revenue, Total Connections, Adjusted EBITDA and Free Cash Flow. It is great to see our investments and hard work in profitable growth pay off with over 1.5 million new connections in the last year. We signed some great new business, saw healthy growth from our existing customers, and grew our pipeline in our targeted business lines for the quarter,” said Ron Totton, President and Chief Executive Officer. “We are encouraged by our results and believe our value creation plan is showing positive momentum and positions us well for the future.”