Earnings Call Summary | KORE Group(KORE.US) Q4 2023 Earnings Conference
Earnings Call Summary | KORE Group(KORE.US) Q4 2023 Earnings Conference
The following is a summary of the KORE Group Holdings, Inc. (KORE) Q4 2023 Earnings Call Transcript:
以下是韓國集團控股有限公司（KORE）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
KORE Group reported an increase in Q4 revenue to $72.4 million, a 16% increase Y-o-Y, spurred by a 27% surge in high-margin IoT connectivity but offset by a fall in IoT Solutions revenue.
The gross margin for Q4 2023 stood at 52.6%, a decline of 150 basis points compared to Q4 2022.
Full-year revenue for 2023 peaked at $27.6 million, a 3% rise from 2022, with IoT connectivity revenue adding 15% to reach $202.3 million.
The company projects 2024 revenue to range between $300 million to $305 million and adjusted EBITDA to be between $64 million and $66 million.
KORE Group報告稱，第四季度收入增長至7,240萬美元，同比增長16％，這得益於高利潤物聯網連接增長27％，但被物聯網解決方案收入的下降所抵消。
2023年第四季度的毛利率爲52.6％，與2022年第四季度相比下降了150個點子。
2023年的全年收入達到2760萬美元的峯值，比2022年增長3％，物聯網連接收入增長了15％，達到2.023億美元。
該公司預計，2024年的收入將在3億美元至3.05億美元之間，調整後的息稅折舊攤銷前利潤將在6400萬美元至6600萬美元之間。
Business Progress:
業務進展：
In collaboration with Medical Guardian, KORE unveiled an eSIM-powered medical alert device to aid active aging.
KORE was recognised as a Managed IoT Connectivity Services Worldwide Leader by Gartner for the fifth consecutive year.
KORE secured a TCV achievement of $26 million in global home respiratory therapy for over 65,000 patients, reflecting its ability to streamline complex medical device IoT deployment.
The company plans to boost the growth of its high-margin IoT connectivity business in 2024.
KORE plans to introduce a next-gen eSIM product and cultivate relations with companies such as Google Cloud Platform, while also planning to grow by leveraging opportunities from the respiratory telemetry market and higher-end hardware, and reducing lower-margin hardware business, all the while focusing on operating efficiency and recurring revenue.
KORE與Medical Guardian合作，推出了一款基於eSIM的醫療警報設備，以幫助活躍衰老。
KORE連續第五年被Gartner評爲託管物聯網連接服務的全球領導者。
KORE在全球爲超過65,000名患者提供2600萬美元的家庭呼吸治療方面獲得了TCV的成就，這反映了其簡化複雜醫療設備物聯網部署的能力。
該公司計劃在2024年促進其高利潤物聯網連接業務的增長。
KORE計劃推出下一代eSIM產品並與谷歌雲平台等公司建立關係，同時還計劃通過利用呼吸遙測市場和高端硬件的機會來實現增長，減少利潤率較低的硬件業務，同時專注於運營效率和經常性收入。
More details: KORE Group IR
更多詳情： KORE 集團投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。