Cost EfficienciesThe company's focus on cost efficiencies and aiming to re-align spend to higher growth areas is encouraging, expecting a $20mm annual run rate cash saving from the RIF announced last quarter.
ProfitabilitySolutions, despite a planned revenue dip, achieved significant margin gains, showcasing the segment's pivot to high-value offerings.
Revenue GrowthConnectivity delivered revenue growth, rising connections, and higher ARPU, reinforcing its role as KORE's growth engine.