Adjusted EBITDA increased to $17.7M, up $3.7M or 26% from the same period last year. Total Connections increased to 20.9M, up 6% from 19.7M from the same period last year. “Our fourth-quarter performance showcased disciplined execution, and our full-year results reflected meaningful expansion in profitability and Free Cash Flow,” said Ron Totton, Kore‘s President & CEO. “We also advanced our growth engine with continued expansion in Total Connections, underscoring durable demand for our IoT platform,” added Totton.
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