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2026-10-16
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Related articleQuarter not tagged2026-10-16

FatPipe, Inc. (NASDAQ: FATN) is Pleased to Announce Its Investor Webinar on November 4 to Present Q2 Financial Results

PR Newswire
SALT LAKE CITY, Oct. 16, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class software-defined wide area networking, cybersecurity and network observability solutions, is pleased to announce that it will host an investor webinar to present its financial results for the second quarter of fiscal year 2027. The investor webinar will be held on November 4, 2026, from 4:30 PM to 5:00 PM Eastern Time. Senior management will review the Company's Q2 financial performance and provide business updates, followed by a brief question-and-answer session. Event Details Date: November 4, 2026 Time: 4:30 PM to 5:00 PM ET Format: Investor webinar Registration details and access information can be found here and will be made available on the Company's investor relations channels. Registration Link: https://events.teams.microsoft.com/event/b22a6837-3591-42b5-9333-afaa81e42fd4@51ec01b9-4755-406d-a5cf-be0d14b56e66 Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding its financial performance, business outlook, and future operations, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," or "continue," or other similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are subject to various risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict. These risks and uncertainties include those described in FatPipe's filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time. Except as required by law, FatPipe expressly disclaims any obligation to update or revise forward-looking statements. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking and hybrid WAN technology that eliminates the need for cooperation from internet service providers and enables enterprises and service providers to control multi-link network…Read full document

SALT LAKE CITY, Oct. 16, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class software-defined wide area networking, cybersecurity and network observability solutions, is pleased to announce that it will host an investor webinar to present its financial results for the second quarter of fiscal year 2027. The investor webinar will be held on November 4, 2026, from 4:30 PM to 5:00 PM Eastern Time. Senior management will review the Company's Q2 financial performance and provide business updates, followed by a brief question-and-answer session. Event Details Date: November 4, 2026 Time: 4:30 PM to 5:00 PM ET Format: Investor webinar Registration details and access information can be found here and will be made available on the Company's investor relations channels. Registration Link: https://events.teams.microsoft.com/event/b22a6837-3591-42b5-9333-afaa81e42fd4@51ec01b9-4755-406d-a5cf-be0d14b56e66 Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding its financial performance, business outlook, and future operations, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," or "continue," or other similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are subject to various risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict. These risks and uncertainties include those described in FatPipe's filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time. Except as required by law, FatPipe expressly disclaims any obligation to update or revise forward-looking statements. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking and hybrid WAN technology that eliminates the need for cooperation from internet service providers and enables enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform designed for highly distributed, mission-critical environments. FatPipe Constellation, the AI-assisted network observability software, provides full visibility for network managers. The Company holds 13 U.S. patents related to multipath and software-defined networking technologies, and its products are sold through more than 200 resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X at @FatPipe_Inc. Investor and Media Contacts Email: [email protected] Phone: +1 801.683-5656 x1140 View original content to download multimedia:https://www.prnewswire.com/news-releases/fatpipe-inc-nasdaq-fatn-is-pleased-to-announce-its-investor-webinar-on-november-4-to-present-q2-financial-results-302910746.html

Related articleQuarter not tagged2026-07-30

Fatpipe Inc/UT Q1 Earnings Call Highlights

MarketBeat
Interested in Fatpipe Inc/UT? Here are five stocks we like better. FatPipe reported strong fiscal Q1 2027 results: Sales rose approximately 27%, income increased roughly 65%, and EPS climbed to $0.09 from $0.05, while gross margins remained around 92%–93%. Channel partnerships and larger deals are driving growth. Nearly all sales come through partners, TD Synnex was added as a distributor, and a recently announced $7 million education-sector order could contribute 30%–35% of its value in the September quarter. The company is investing for expansion while broadening its product portfolio. FatPipe increased inventory, marketing and sales hiring, while advancing VeloCloud replacement opportunities, SATBOOST wireless technology and its Total Security 360 cybersecurity offering. Fatpipe Inc/UT (NASDAQ:FATN) reported first-quarter fiscal 2027 sales growth of about 27% and income growth of roughly 65% from the prior-year period, while earnings per share increased to $0.09 from $0.05, Chief Executive Officer Ragula Bhaskar said during the company’s earnings call. Bhaskar said the company maintained margins of approximately 92% to 93%, though margins can decline modestly as FatPipe pursues larger transactions. He characterized the period as a strong quarter following a previously large quarter and credited employees, partners and customers for supporting the company’s growth efforts. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Management attributed the sales performance to growth across market segments, an increase in deal sizes, additional transactions and expanded contributions from channel partners. Bhaskar said FatPipe has increased investment in its channel program and signed TD Synnex, formerly Tech Data, as a distributor. “Almost all” of FatPipe’s sales come through partners, Bhaskar said, with only a limited number of customers choosing to work directly with the company. The company’s strategy is to use partners as its “feet on the street,” he said. → 3 Value ETFs to Consider as Growth Stocks Lag Behind FatPipe said closer partner relationships and greater trust have led partners to bring the company into larger opportunities. Bhaskar said management expects channel partners to increase both the number and size of deals they bring to FatPipe. The company recently announced a $7 million education-sector deal. Bhaskar said approximately 30% to 35%…Read full document

Interested in Fatpipe Inc/UT? Here are five stocks we like better. FatPipe reported strong fiscal Q1 2027 results: Sales rose approximately 27%, income increased roughly 65%, and EPS climbed to $0.09 from $0.05, while gross margins remained around 92%–93%. Channel partnerships and larger deals are driving growth. Nearly all sales come through partners, TD Synnex was added as a distributor, and a recently announced $7 million education-sector order could contribute 30%–35% of its value in the September quarter. The company is investing for expansion while broadening its product portfolio. FatPipe increased inventory, marketing and sales hiring, while advancing VeloCloud replacement opportunities, SATBOOST wireless technology and its Total Security 360 cybersecurity offering. Fatpipe Inc/UT (NASDAQ:FATN) reported first-quarter fiscal 2027 sales growth of about 27% and income growth of roughly 65% from the prior-year period, while earnings per share increased to $0.09 from $0.05, Chief Executive Officer Ragula Bhaskar said during the company’s earnings call. Bhaskar said the company maintained margins of approximately 92% to 93%, though margins can decline modestly as FatPipe pursues larger transactions. He characterized the period as a strong quarter following a previously large quarter and credited employees, partners and customers for supporting the company’s growth efforts. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Management attributed the sales performance to growth across market segments, an increase in deal sizes, additional transactions and expanded contributions from channel partners. Bhaskar said FatPipe has increased investment in its channel program and signed TD Synnex, formerly Tech Data, as a distributor. “Almost all” of FatPipe’s sales come through partners, Bhaskar said, with only a limited number of customers choosing to work directly with the company. The company’s strategy is to use partners as its “feet on the street,” he said. → 3 Value ETFs to Consider as Growth Stocks Lag Behind FatPipe said closer partner relationships and greater trust have led partners to bring the company into larger opportunities. Bhaskar said management expects channel partners to increase both the number and size of deals they bring to FatPipe. The company recently announced a $7 million education-sector deal. Bhaskar said approximately 30% to 35% of that order could be booked during the September quarter as units are delivered, while noting that revenue recognition occurs as products are assigned to customers, shipped or installed. Management said the transaction resulted from working closely with a partner on a request for proposal, with FatPipe displacing a major incumbent based on product capabilities and pricing. → 5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest? Management did not disclose June-quarter bookings, though President and Chief Technology Officer Sanchaita Datta said bookings were “significantly higher” and characterized the figure as forward-looking. Bhaskar said there is generally a lag between bookings and revenue recognition, with unfulfilled orders at the end of June carrying into the current quarter. FatPipe said it is balancing growth investments with operating discipline. Bhaskar said the company made a significant inventory investment during the quarter to support larger orders and also bought RAM and SSD components at fixed prices. The company spent nearly $400,000 on marketing during the quarter, according to Bhaskar, largely because multiple trade shows were held during the period. He said FatPipe’s partner-development spending has begun to increase awareness of the company, citing attendance of about 120 partners at an event in Las Vegas, compared with about 80 attendees the prior year and about 40 attendees two years earlier. FatPipe had more than 30 sales employees, up from 24 at the end of March, Bhaskar said. Management expects to add another five or six people by the end of December and to have about 36 to 38 sales employees by the end of March. Newly hired sales personnel have a first-year quota of $2 million, while the company expects between $700,000 and $1 million in first-year contribution, depending in part on each salesperson’s existing relationships, Bhaskar said. Bhaskar said his primary priorities for the remainder of the year are sales growth, sales execution, financial discipline and preserving margins where possible. Management said FatPipe is pursuing customer conversions from competing products, including VeloCloud. Bhaskar said the company has closed enough VeloCloud replacement deals to demonstrate momentum and is working on additional opportunities. He said conversions can occur as customers’ existing contracts come up for renewal. During the call, management said customers have cited FatPipe’s first-party support and responsiveness as advantages, particularly as some competing products have changed ownership. FatPipe also said its products use proprietary software loaded onto commodity hardware, which it said has helped the company avoid some supply-chain price increases and lead-time pressures experienced by competitors. FatPipe said it has begun deploying and marketing its SATBOOST offering, which is intended to improve wireless transmission performance. Management said the product has been deployed with state health agencies, supermarkets and other geographically distributed customers, and that it has drawn interest from public- and private-sector organizations. Bhaskar said variants of the technology could also be used to improve 5G connectivity. The company also said its Total Security 360 cybersecurity solution has completed testing and is being provided to customers. Bhaskar said adoption may take time because customers often change cybersecurity products as existing contracts expire. He described the product as a single offering intended to address potential security gaps created when customers use products from multiple vendors. On artificial intelligence, Bhaskar said FatPipe uses machine learning in its networking products to support routing and address latency and jitter. The company is also exploring AI applications for network congestion management and has developed technology for identifying and blocking graphical sexual content, which management said could be applicable in schools. FatPipe is a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies. Organizations, large and small, have become increasingly dependent on their information technology (“IT”) network infrastructure for data access and communications, and the critical importance of network reliability, extensibility, and durability has continued to grow as the volume of traffic across those networks expands. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Fatpipe Inc/UT Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Related articleQuarter not tagged2026-07-30

FatPipe, Inc. (FATN) Reports Q1 FY2027 Results: 28% Y-o-Y Q1 Revenue Growth and 25.6% Adjusted EBITDA Margin

PR Newswire
SALT LAKE CITY, July 30, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its first quarter fiscal year 2027 results for the period ended June 30, 2026. Q1 Highlights Q1 2027 revenue was $5.03M, representing 28% growth compared to $3.9M in Q1 2026 Q1 2027 net income was $1.2M compared to $0.7M in Q1 2026 Diluted net income per share was $0.09, compared to $0.05 in Q1 2026 Adjusted EBITDA for Q1 2027 was $1.3 million, representing an Adjusted EBITDA margin of approximately 25.6%, compared to $1.1 million in Q1 2026 Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins. FatPipe continued to see strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors. Management Commentary "We continue to see opportunities as organizations place greater emphasis on network resilience, cybersecurity, and simplified infrastructure management," said Dr. Ragula Bhaskar, CEO of FatPipe. "Our focus remains on disciplined execution, expanding our channel relationships, growing our sales team, and increasing the contribution from recurring revenue." "Customers are increasingly looking for an integrated approach to networking, monitoring, and security," said Sanchaita Datta, President and CTO of FatPipe. "We continue to invest in our technology, centralized visibility, network monitoring, and single-stack cybersecurity capabilities to help customers improve their network performance and security without adding unnecessary complexity." Forward-Looking Statements Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherentl…Read full document

SALT LAKE CITY, July 30, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its first quarter fiscal year 2027 results for the period ended June 30, 2026. Q1 Highlights Q1 2027 revenue was $5.03M, representing 28% growth compared to $3.9M in Q1 2026 Q1 2027 net income was $1.2M compared to $0.7M in Q1 2026 Diluted net income per share was $0.09, compared to $0.05 in Q1 2026 Adjusted EBITDA for Q1 2027 was $1.3 million, representing an Adjusted EBITDA margin of approximately 25.6%, compared to $1.1 million in Q1 2026 Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins. FatPipe continued to see strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors. Management Commentary "We continue to see opportunities as organizations place greater emphasis on network resilience, cybersecurity, and simplified infrastructure management," said Dr. Ragula Bhaskar, CEO of FatPipe. "Our focus remains on disciplined execution, expanding our channel relationships, growing our sales team, and increasing the contribution from recurring revenue." "Customers are increasingly looking for an integrated approach to networking, monitoring, and security," said Sanchaita Datta, President and CTO of FatPipe. "We continue to invest in our technology, centralized visibility, network monitoring, and single-stack cybersecurity capabilities to help customers improve their network performance and security without adding unnecessary complexity." Forward-Looking Statements Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. FatPipe introduced a full single stack cybersecurity solution designed to be sold to the same customer profile, and buyer as FatPipe. FatPipe currently has 13 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc. Company Contact InfoVikrant RagulaDirector of Investor Relations+1 801.683-5656 x [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/fatpipe-inc-fatn-reports-q1-fy2027-results-28-y-o-y-q1-revenue-growth-and-25-6-adjusted-ebitda-margin-302838595.html

TranscriptFY2027 Q12026-07-30

FY2027 Q1 earnings call transcript

Earnings source - 86 paragraphs
Vikrant Ragula

Good afternoon, thank you for joining FatPipe's earnings conference call. Before we begin, I would like to remind everyone that today's discussion may include forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding FatPipe's expected financial performance, business strategy, growth opportunities, customer demand, product development, recurring revenue initiatives, market position, and future operating results. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements.

Vikrant Ragula

For a discussion of important factors that could affect FatPipe's actual results, please refer to the risk factors and other disclosures contained in the company's filings with the Securities and Exchange Commission, including its most recent annual report, quarterly reports, current reports, and other SEC filings. Any forward-looking statements made on today's call speak only as of today's date. Except as required by law, FatPipe undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. During today's call, we may also discuss certain Non-GAAP financial measures. Reconciliations of these Non-GAAP measures to the most directly comparable GAAP measures, where applicable, are included in today's earnings release and related materials available through the company's investor relations website and SEC filings. With that, I will turn the call over to management.

Ragula Bhaskar

Thank you very much, Vikrant. I appreciate it. Vikrant is our Director of Corp Dev and Investor Relations. Sitting along with me in the room today is Sanchaita Datta. She's the Co-Founder of the company, Chief Technology Officer, and now the President of the company. We like to let all of you know that Sanj is a major player in this company, directing all of engineering and also assisting in customer relationships and product management. Today, as you can see on the screen Vikrant, is this screen being shared?

Vikrant Ragula

Yes, it is.

Ragula Bhaskar

Thank you. Our sales has grown about 27%, income has gone up around 65%. We are happy to let you know that the earnings per share has gone up to $0.09 a share from $0.05 a share the previous year. As we grow and we start doing bigger deals, obviously the margin falls a little bit, but not by a lot. It is still around 92%-93%. Overall, we had a good quarter coming on the back of a previously very large quarter. We are very thankful to our employees, our partners, and our customers who are continuing to support us in our endeavor to be the very best company in this space in terms of product and in terms of support and management of customer relationships.

Ragula Bhaskar

As you will see in the next slide, our products have been recognized for their contributions to the technology space. This is ChannelVision, the largest channel partner show in the United States, or probably in the world, and we got an award for our product offering. We have been able to successfully convert customers from other vendors, such as VeloCloud. We have an active VeloCloud conversion program. VeloCloud is a company that became part of two different large companies, and since then we have been able to win customers who are using those products. I will show you as a sample here. This is InfoTech. They are about a 4,000-person data analytics company. As you can see here, the third year or fourth year in a row, our products have distinguished themselves sharply compared to everybody else, whether it is Cisco, VMware, or any of the other big boys.

Ragula Bhaskar

On the right, you see in every category, we have a very good rating. Top of the chart. We also like to pick one competitor and show you the comparison in a Gartner survey. This is a Gartner survey of end customers. We have not paid Gartner for any of this. These are pure rankings by customers. As you can see here, we beat out Cisco's products in this space, and 97% of customers said they will recommend FatPipe. This gives you an idea of our product offering and what we do in this space. We have been fortunate. We have been developing new products. We earlier released a cybersecurity product, and now that is going into various customers, quotations, and more marketing.

Ragula Bhaskar

This year, this quarter is one of the first quarters where we spent a significant amount of money in developing our partners, marketing, our trade shows, and related travel. That is helping us a lot. For instance, in Las Vegas at ChannelVision, we hosted a Happy hour at one of the bars. We thought we needed only quarter of the space. We ended up occupying the entire bar, and about 120 people, partners showed up. That is becoming an event by itself, because last year we had 80 people, the previous year we had about 40 people. We are finding that our name is getting out there, which also means that more partnerships to come. With that, I will open it up for any questions. Vikrant, if you want to add any more to this conversation.

Vikrant Ragula

If you have any questions, please feel free to put them in chat and raise your hand, and we can answer them live. Looks like the first question is coming from Lisa Thompson from Zacks. Let me see if I can bring you into the room.

Ragula Bhaskar

Hi, Lisa.

Vikrant Ragula

Lisa, you are now unmuted. Please ask your question.

Lisa Thompson

Yes. Got it figured out now. Hi.

Ragula Bhaskar

Hi, Lisa.

Lisa Thompson

You had a great quarter. Could you tell us where the revenues came from? Were there a bunch of large contracts? I know you had the second half of one of them. Are the channel partners doing better? What's happening out there?

Ragula Bhaskar

Lisa, we are clicking on all cylinders, both in terms of market segments as well as various channel partners. Channel partners, as you know, we have started investing in the channel partner program. We signed up TD Synnex, used to be called Tech Data, the largest distributor in the world for technology.

Ragula Bhaskar

The size of the deals have gone up, and this is partly because as we develop closer relationships and trust with the partner, the partners are taking us to bigger deals, and that started happening. It's a combination of deal size increasing, more deals, more markets, and more partners bringing in deals. We expect the channel partners to increase the amount of deals, and number, and amount, and size of deals.

Lisa Thompson

Is the percent of revenue going to shift more to partners, or is direct sales also growing?

Ragula Bhaskar

We don't do any direct sales. I can't say any. There's always a few, where the customers want to deal with us directly. Almost all our sales come through partners, and that is our strategy, that partners will be our feet on the street.

Lisa Thompson

One last question was, you did announce a $7 million deal a few weeks ago. How much of that is going to get booked in the September quarter?

Ragula Bhaskar

I will have to find that exact number, but we can get back to you on that.

Lisa Thompson

Okay. Thank you.

Ragula Bhaskar

It's probably about 30%, 35%. Probably about 30%, 35% will probably be booked this quarter as we deliver those units out. In fact, I saw a whole bunch of units going out today.

Lisa Thompson

Oh, great. Okay. That's close enough. Thank you.

Ragula Bhaskar

Thank you.

Vikrant Ragula

Okay. Thank you, Lisa. I will move you back into attendee for now. Next up, we have two questions, one in the chat, and Nehal's raising his hand. I will have Nehal ask his questions first, then I will answer the question in chat. Nehal, I am making you a presenter, so you should be able to unmute and ask the question..

Nehal Chokshi

Good afternoon. For folks who do not know Nehal is ranked 185 out of 12,000 analysts in the country, and he works for Northland Securities.

Nehal Chokshi

Thank you. Thank you, Bhaskar. Congratulations from me on a good quarter here.

Ragula Bhaskar

Thank you.

Nehal Chokshi

Can you give us a sense as far as what were bookings in the June quarter?

Ragula Bhaskar

Can you repeat that, Nehal?

Nehal Chokshi

Can you give us a sense as to what were the bookings in the June quarter?

Sanchaita Datta

What were the bookings.

Nehal Chokshi

Can you hear me?

Sanchaita Datta

for future purposes? Yes, we can.

Nehal Chokshi

Yeah.

Sanchaita Datta

Bookings is a significantly higher number. However, it is a really forward-looking statement, so at this point, I would like to answer that question on one-on-one rather than.

Ragula Bhaskar

What we do, Nehal, as we get the orders, and we start getting the units in and assigning it to customers, there's always a lag between bookings and actual revenue recognition. There's a little bit of lag. Yeah.

Nehal Chokshi

Understood.

Ragula Bhaskar

Those that we didn't fulfill in June or ending June, they'll be starting rolling over to this quarter, the present quarter.

Nehal Chokshi

Got it. The $7 million education win disclosed a couple of weeks ago and discussed already, that was booked within the June quarter. Is that correct?

Ragula Bhaskar

Not all of it. We book as we get the orders processed and assigned to the customer, the products assigned to customer, either shipped or installed or assigned. Got it.

Vikrant Ragula

Not all-

Nehal Chokshi

Can you discuss what are the drivers for winning this very material order?

Vikrant Ragula

Working closely with the partner. It was an RFP. Partner chose us over a major incumbent. We just met all the technical criteria and of course, made sure we gave a good price to the partner to win the deal. Essentially, product and pricing.

Nehal Chokshi

Okay, great.

Vikrant Ragula

Sorry.

Nehal Chokshi

Were you disclosing the monthly Yep, go ahead, please.

Vikrant Ragula

Oh, yeah, sorry. One additional detail I wanted to add is that the incumbents who we were replacing, as well as the competitors we won against, those companies have recently been acquired. Juniper was acquired by Hewlett Packard Enterprise, and VeloCloud was reacquired for the third time in five years by Arista. As these competitive products have been acquired, support from OEM has dropped significantly. Customers choose FatPipe because we still provide first-party support and market-leading support that customers appreciate.

Nehal Chokshi

Got it. Great. You were disclosing monthly recurring revenue for the past two quarters, which was up 50% year-over-year. Are you disclosing it again this quarter? If so, what is it?

Vikrant Ragula

Good point. I didn't check the actual numbers. We will be posting it as we get the numbers together. I don't think we disclosed that this quarter. Yeah. It does go up. Every quarter it goes up, as you can imagine, as we have new customers being added and renewals happening. Yeah, it does go up.

Nehal Chokshi

Okay. Finally, can you give us an update on where you are in sales headcount and where you expect to be at the end of the fiscal year?

Ragula Bhaskar

Yeah. I think we are now up to 30+ people, 30 people, 31 people. We were 24 people at the end of March. We have about five more people. Our goal is, as we had stated before, to get to 36 people by the end of fiscal. We will be recruiting more people. We actually added two, three people a couple of weeks ago, we will be adding another five, six people by the end of December. If there's any stragglers or netting out anybody we let go, by end of March, we'll be at 36 people-38 people. We are on track as we projected last year.

Nehal Chokshi

Okay, great. Can you just remind us what are your sales quota expectations? Presumably, you're seeing a ramp-up satisfactory that is driving this healthy pace of sales ramp additions.

Ragula Bhaskar

When we add the sales team, their quota's $2 million the first year. We can expect between $700,000-$1 million. Those who have a good Rolodex will hit that number faster. At the end of the first year, they all become very productive. We always are evaluating those who are not very productive and helping them get to be productive or having them leave. It's a simple concept there. The persons who have a good Rolodex and who have applied themselves very well to their job are doing well.

Nehal Chokshi

Thank you for the update.

Ragula Bhaskar

I don't have a specific number.

Nehal Chokshi

No, you answered the question beautifully. Thank you.

Ragula Bhaskar

Oh, thank you.

Nehal Chokshi

Congratulations.

Ragula Bhaskar

Thank you, sir. Thank you, Nehal.

Vikrant Ragula

Yes. Going into question in chat. Got a question from Rudy. Question being, "SATBOOST is a latent game changer, especially in the government space, where many agencies are operating in low power and austere environments. Have there been any serious inquiries about adopting it?" To answer the question, Rudy, yes. We've already had deployment with state health agencies, with supermarkets, and with other, call it, rurally distributed customers. These deployments have already happened and customers are live and appreciating the use of the SATBOOST product. In terms of the sales pipeline, I obviously cannot talk too much about the sales pipeline due to it being forward-looking statements. However, we are seeing strong interest in the SATBOOST product from a variety of end customers across both public sector and private sector.

Vikrant Ragula

As we get more sales and specific case studies regarding SATBOOST, we will continue to post those on a regular basis, either on the website as case studies or we will mention it in future earnings calls.

Ragula Bhaskar

Also, in fact, just today, we had a call with a major partner about the product and its application. Interestingly, a variant of the same product can be also applied for 5G. We can speed up 5G performance and connectivity. We had a call with a partner who's looking at both for satellite as well as for 5G. Anything wireless, really, in a generic way. Anything wireless because of our technology that we can improve the performance of these transmission media or lack of media here. We are able to improve the quality of this transmission as well as the speed of the transmission. There is very good traction. Short answer is yes.

Ragula Bhaskar

Those of you who are investors, we appreciate you sending us leads. I know a couple of investors sent us leads saying, "Hey, you need to talk to this guy and that guy." Those of you who are on the call, if you know any potential opportunities, we would very much appreciate you sending us these leads. We'll take leads from anyone, and especially our investors who have a very vested financial interest in this company. You're all a big family for us. What is interesting is some of our original investors, they still have held on to their shares, and they're accumulating shares every time the stock drops. You can imagine that we have a big ecosystem that supports FatPipe.

Vikrant Ragula

Thanks, Bhaskar. One question-and-answer we've received is, FatPipe reported their strong revenue growth and profitability in Q1. How should investors think about the balance between growth and operating discipline going forward?

Ragula Bhaskar

It's a balancing act, right? When there's growth, you are investing more in growth. I think it was Nehal or somebody had told me, focus on growth and it's okay for margins to come down. We are doing that, as you can see here. Also last quarter, we invested a significant amount of money in inventory, because when you get these big orders, you have to lock in the inventory. We locked in the inventory. We spent buying the inventory and also buying RAMs and SSDs and paying it forward in terms of buying those products with a fixed price. Marketing, we spent nearly $400,000 last quarter on marketing. The reason is that's the time when a lot of trade shows happen.

Ragula Bhaskar

Now, this quarter, we won't have much marketing expenses, we are investing in all these opportunities to increase the growth of the company.

Vikrant Ragula

Great. Thank you, Dr. Bhaskar. An additional question we have is, where are you seeing success in the market? Are there any areas that you've been seeing notable wins in or continued momentum?

Ragula Bhaskar

Very similar to the answer that I gave to Lisa. Across the board, there are some segments where the deal sizes are bigger, obviously we tend to focus on those kind of deals. Other than that, we are servicing the economy, regardless of whether it's a hospital or a retail store or a company, a manufacturing, financial, credit unions, just across the board.

Vikrant Ragula

Great. Thank you, Dr. Bhaskar. One question is someone is inquiring about our VeloCloud replacement program that we had announced in press releases in the past. How is that VeloCloud replacement program coming along?

Ragula Bhaskar

It's actually coming along well. We have enough number of deals that we have closed to turn those customers to our side, we have a number of opportunities we are working on. The way this works is as more and more of those customers, more marketing happens to our partners and bringing awareness. As time goes by, when those deals come up for renewals, we'll see more happening.

Ragula Bhaskar

We are not just going after VeloCloud. As you know, some of the big companies don't do a great job of taking care of their customers or partners. There's one company that takes three weeks to give you a quotation to a partner. We just snag that partner and that customer. The whole important thing is being a smaller company, we are able to produce products faster, features faster, respond to our partners faster. We are doing all of that at the same time. Like the $7 million order, we displaced a very large company. It was all about product and pricing and the fact that our partners know we are very responsive. All of that is captured in the awards that InfoTech gives us or the customer feedback on Gartner's website. All of that is captured.

Vikrant Ragula

One question we got in chat was describing the equipment spend that we have over competitors and how this edge is defensible. The way a child would characterize that is FatPipe is first and foremost a software company. The actual appliances we sell are commodity hardware, and we load our proprietary software onto that. In the vein of that, where some of our competitors have seen significant supply chain price increases as a result of competing needs from their semiconductor manufacturers overseas, where they're now competing with the standard GPU and data center companies for allocation of fab times.

Vikrant Ragula

FatPipe has continued to use our commodity supply chain for our equipment, which allows us to see less price increases and less increased lead times than what our competitors have seen, which has allowed us to maintain prices as is, in terms of the customer-facing prices and partner-facing prices, while competitors have had to increase their prices, and we haven't had any increased lead times as a result. That's for both order fulfillment and in general, supply chain. In general, we have that advantage versus our competitors, given we are using commodity hardware and loading our proprietary software onto it. Hey, thanks, everyone. If you have any other questions, please feel free to send them to me or put them in Q&A or in chat. One question is: what is FatPipe doing in AI, Dr. Bhaskar?

Ragula Bhaskar

FatPipe has added AI in all aspects of our business, software coding, fulfillment services, software for fulfillment, pretty much everything. In terms of the product, we are a highly deterministic product. We use machine learning. When you say AI, machine learning is a subset of that. Machine learning enables us to do the fastest routing using spanning tree algorithms and allowing for jitter latency and everything else. Our job is to transmit packets from point A to point B in the fastest route possible with the least latency, and we do that better than everybody else. Now, you cannot apply AI to a very deterministic problem. Where AI comes in is when you have more fuzziness. As you all know, fuzzy logic is where AI came from originally. We are now looking at how to generate reports.

Ragula Bhaskar

If you look at HPE and others, their application of AI in the business has been about creating reports using natural language questions. That is the easiest thing to do, right? It's not the smartest application of AI. Where we need to apply AI is when we can see how we can take a whole network and then see how to release congestions in the network. That is what we are working on. That is a lot more harder in a real-time space than anything else. I also told you how we have applied AI to content, graphical content. Graphical content, AI is perfect for that because it's fuzzy. When I say fuzzy, meaning you could have a person in a bikini versus a person who's naked, and the AI has to distinguish between the two. We have developed the software for that.

Ragula Bhaskar

If you're a school and you want to block graphical images or sexual content, we have the AI technology applied for that. That is a perfect example of a perfect application of AI. Totally fuzzy logic. Content that cannot be just described deterministically, and our software is doing a great job on that. That will be applicable more to schools, but obviously, I have to charge more for that.

Vikrant Ragula

As Chief Executive Officer, what are the two or three priorities you are most focused on for the rest of the year?

Ragula Bhaskar

Okay. I'm going to be a little facetious here. Number one is sales. Number two is sales. Number three, go to the person for number one and number two. It's all focused on sales, performance, financial discipline, and trying to help the stock price go up. It's just focused on sales, guys. That's all I tell my team. We have good products. We have a good organization in terms of customer support. The only thing we need to focus on is increasing our sales and keeping our margins as much as possible.

Vikrant Ragula

Great. One additional question is, do you have any updates on FatPipe's Total Security 360 cybersecurity solution that you have mentioned in the past?

Ragula Bhaskar

We have completed the product. We have fully tested, load tested the product, and we have started giving it out to customers. It's been not as fast to start, but it's happening now. Like anything, our customers will change their current products with our product as those contracts come to an end. That is what we are focused on, finding out when the contracts are coming to an end, then pushing our product. Like I again said, our products are a lot more comprehensive. Total Security 360 is designed to block any type of gaps. Between when you buy three or four different products from four different vendors, there are gaps, cybersecurity gaps. By we giving a single product that covers all aspects of cybersecurity, we give you a total cocoon in which you can operate your business.

Ragula Bhaskar

For the price of a latte per employee per month, you get everything, including endpoint detection and response, which itself costs about $5 from CrowdStrike. For that, I give you all the other aspects of cybersecurity.

Vikrant Ragula

Great. I think we are at 3:00 P.M.

Ragula Bhaskar

Okay. Thank you, everyone. I really appreciate you taking the time to listen to this presentation and also being a shareholder. It's a great privilege to have you as a shareholder.

Vikrant Ragula

If you have any additional questions, please feel free to email the investor relations email. I believe it is [email protected], and that email can also be found on the website, and we'll be happy to respond to your questions over email if you weren't able to get them answered on today's call. With that, thank you everyone for joining the first quarter fiscal 2027 FatPipe earnings call. We hope you all have a great rest of your day. Thank you, everyone.

Ragula Bhaskar

Thank you

Related articleQuarter not tagged2026-07-06

FatPipe, Inc. (NASDAQ: FATN) is Pleased to Announce Its Investor Webinar to Present Q1 Financial Results on July 30

PR Newswire
SALT LAKE CITY, July 6, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class software-defined wide area networking and cybersecurity solutions, is pleased to announce that it will host an investor webinar to present its financial results for the first quarter of fiscal year 2027. The investor webinar will be held on July 30, 2026, from 4:30 PM to 5:00 PM Eastern Time. Senior management will review the Company's Q1 financial performance and provide business updates, followed by a brief question-and-answer session. Event DetailsDate: July 30, 2026Time: 4:30 PM to 5:00 PM ETFormat: Investor webinar Registration details and access information can be found here and will be made available on the Company's investor relations channels. Registration Link: https://events.teams.microsoft.com/event/b22a6837-3591-42b5-9333-afaa81e42fd4@51ec01b9-4755-406d-a5cf-be0d14b56e66 Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding its financial performance, business outlook, and future operations, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," or "continue," or other similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are subject to various risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict. These risks and uncertainties include those described in FatPipe's filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time. Except as required by law, FatPipe expressly disclaims any obligation to update or revise forward-looking statements. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking and hybrid WAN technology that eliminates the need for cooperation from internet service providers and enables enterprises and service providers to control multi-link network traffic. FatPipe offers a single-…Read full document

SALT LAKE CITY, July 6, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class software-defined wide area networking and cybersecurity solutions, is pleased to announce that it will host an investor webinar to present its financial results for the first quarter of fiscal year 2027. The investor webinar will be held on July 30, 2026, from 4:30 PM to 5:00 PM Eastern Time. Senior management will review the Company's Q1 financial performance and provide business updates, followed by a brief question-and-answer session. Event DetailsDate: July 30, 2026Time: 4:30 PM to 5:00 PM ETFormat: Investor webinar Registration details and access information can be found here and will be made available on the Company's investor relations channels. Registration Link: https://events.teams.microsoft.com/event/b22a6837-3591-42b5-9333-afaa81e42fd4@51ec01b9-4755-406d-a5cf-be0d14b56e66 Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding its financial performance, business outlook, and future operations, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," or "continue," or other similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are subject to various risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict. These risks and uncertainties include those described in FatPipe's filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time. Except as required by law, FatPipe expressly disclaims any obligation to update or revise forward-looking statements. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking and hybrid WAN technology that eliminates the need for cooperation from internet service providers and enables enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform designed for highly distributed, mission-critical environments. The Company holds 13 U.S. patents related to multipath and software-defined networking technologies, and its products are sold through more than 200 resellers worldwide. For more information, please visit www.fatpipeinc.com.Follow us on X at @FatPipe_Inc. Investor and Media ContactsEmail: [email protected]: +1 801.683-5656 x1140 View original content to download multimedia:https://www.prnewswire.com/news-releases/fatpipe-inc-nasdaq-fatn-is-pleased-to-announce-its-investor-webinar-to-present-q1-financial-results-on-july-30-302817376.html

Related articleQuarter not tagged2026-05-22

Zacks Small-Cap Research Raises FatPipe (NASDAQ:FATN) Valuation from $6.00 to $6.40 per Share Following Preliminary Fiscal Fourth Quarter Business Update

ACCESS Newswire
SALT LAKE CITY, UT / ACCESS Newswire / May 22, 2026 / FatPipe, Inc. (NASDAQ:FATN), today announced that Zacks Small-Cap Research has published an updated equity research report on the Company, raising its valuation of FatPipe from $6.00 to $6.40 per share. In the report, dated May 22, 2026, Zacks Small-Cap Research analyst Lisa Thompson stated that the revised valuation reflects FatPipe's recent fiscal fourth quarter results, increased revenue and earnings estimates, and the Company's continued progress in closing larger customer opportunities. "We are pleased to see Zacks Small-Cap Research recognize FatPipe's continued execution and the strength of our fourth quarter results," said Dr. Ragula Bhaskar, Chief Executive Officer of FatPipe. "The updated report highlights our progress in expanding our sales organization, closing larger opportunities, and strengthening our position as a differentiated provider of secure SD-WAN, integrated cybersecurity, and network resilience solutions." The updated Zacks Small-Cap Research report is available here FatPipe does not control the content of analyst reports and is not responsible for the opinions, estimates, conclusions, or recommendations expressed by third-party research analysts. Zacks Small-Cap Research's valuation, estimates, and opinions are those of Zacks Small-Cap Research and are subject to change without notice. Forward-Looking Statements Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of…Read full document

SALT LAKE CITY, UT / ACCESS Newswire / May 22, 2026 / FatPipe, Inc. (NASDAQ:FATN), today announced that Zacks Small-Cap Research has published an updated equity research report on the Company, raising its valuation of FatPipe from $6.00 to $6.40 per share. In the report, dated May 22, 2026, Zacks Small-Cap Research analyst Lisa Thompson stated that the revised valuation reflects FatPipe's recent fiscal fourth quarter results, increased revenue and earnings estimates, and the Company's continued progress in closing larger customer opportunities. "We are pleased to see Zacks Small-Cap Research recognize FatPipe's continued execution and the strength of our fourth quarter results," said Dr. Ragula Bhaskar, Chief Executive Officer of FatPipe. "The updated report highlights our progress in expanding our sales organization, closing larger opportunities, and strengthening our position as a differentiated provider of secure SD-WAN, integrated cybersecurity, and network resilience solutions." The updated Zacks Small-Cap Research report is available here FatPipe does not control the content of analyst reports and is not responsible for the opinions, estimates, conclusions, or recommendations expressed by third-party research analysts. Zacks Small-Cap Research's valuation, estimates, and opinions are those of Zacks Small-Cap Research and are subject to change without notice. Forward-Looking Statements Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. About Zacks Small-Cap Research Zacks Small-Cap Research is a division of Zacks Investment Research, a Chicago-based investment research firm founded in 1978 by Len Zacks. For more than 45 years, Zacks has provided equity research, financial data, earnings estimates, quantitative models, and investment tools to institutional and individual investors. Zacks is widely known for its research around earnings estimate revisions and the Zacks Rank methodology, which grew out of Len Zacks' early work identifying the relationship between analyst estimate revisions and stock price performance. Zacks Small-Cap Research provides analyst-driven coverage, financial estimates, valuation analysis, and company-specific research on small-cap and micro-cap public companies. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc. Company Contact+1 801.683-5656 x [email protected] SOURCE: FatPipe Networks View the original press release on ACCESS Newswire

Related articleQuarter not tagged2026-05-22

FATN: FatPipe Releases Results for FYQ4 Ending March 31

Zacks Small Cap Research

By Lisa Thompson NASDAQ:FATN READ THE FULL FATN RESEARCH REPORT Ending FY2026 with a large contract and an excellent FYQ4 2026, FatPipe (NASDAQ:FATN) reported revenues up 17.8% to $19.2 million. The enlarged salesforce is bringing in bigger and more deals as it matures. Now at a count of 30, it continues to add staff. In FYQ4, the company recognized half of a new $7 million contract, with the other half expected to be recognized in FYQ1 2027, which should also be a very good quarter for the company. We are raising our revenue and earnings estimates to reflect sales success, plus an expected credit to taxes of $1.5 million in the year, bringing taxes to virtually nothing versus our original estimate of $930,000. For FY2027, we are now looking for $22.6 million in revenues and FY2027 EPS up to $0.49 per share, compared to our previous estimate of $0.21. Our new FY2028 estimate is now revenues of $26.7 million, and EPS of $0.51 as the company moves back to a normalized tax rate with NOLs still available. Given the increase in valuation of its peers and the increase in our 2026 calendar-year revenue estimate to $22.4 million, we are raising our current valuation from $6.00 to $6.40 per share. SUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR. DISCLOSURE: Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year. Research articles, as seen here, are part of the service Zacks SCR provides and Zacks SCR receives payments totaling a maximum fee of up to $50,000 annually for these services provided to or regarding the issuer. Full Disclaimer HERE.

Related articleQuarter not tagged2026-05-18

FatPipe Inc. (FATN) Reports Q4 and FY2026 Results: 90% Y-o-Y Q4 Revenue Growth, Q4 Recurring Revenue up 56% Y-o-Y, Annual Revenue Growth of 18%

PR Newswire
SALT LAKE CITY, May 18, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its fourth quarter and fiscal year 2026 results for the period ended March 31, 2026. Q4 Highlights Q4 2026 revenue was $7.2M, representing 90% growth compared to $3.8M in Q4 2025 Q4 2026 net income was $4.0M compared to -$0.37M in Q4 2025 Q4 2026 Adjusted EBITDA was $3.1M compared to $0.2M in Q4 2025 Q4 2026 Monthly Recurring Billings grew 56% compared to Q4 2025, reflecting continued adoption of FatPipe's offerings Fiscal Year 2026 Highlights Revenue was $19.2M, representing 18% growth compared to FY2025 Net income was $5.0M, representing 154% growth compared to FY2025 Non-GAAP Net Income was $6.4M compared to $2.0M in FY2025 Diluted Net Income per share was $0.35, compared to $0.15 in FY2025 Non-GAAP Net Income per share was $0.46 compared to $0.15 in FY2025 Adjusted EBITDA for FY2026 was $5.4 million, representing an EBITDA margin of approximately 28%, reflecting operating leverage as the Company scales and invests in growth, compared to $4.0 million in FY2025 Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins. FatPipe continued to see strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors. Management Commentary "Our fourth quarter results demonstrate the scalability of FatPipe's model and the progress we have made converting pipeline into revenue, profitability, and recurring billings growth," said Dr. Ragula Bhaskar, CEO of FatPipe. "We believe the combination of strong quarterly revenue growth, meaningful net income generation, and continued customer adoption of our offerings reflects both the strength of our technology and the expanding market need for secure, resilient enterprise connectivity. As we enter fiscal 2027, our focus remains on disciplined execution, channel expansion, and increasing the contribution from recurring software and cybersecurity revenue." "During the quarter, we saw customers continue to prioritize network resilience, application performance, and integrated security as core infrastructure r…Read full document

SALT LAKE CITY, May 18, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its fourth quarter and fiscal year 2026 results for the period ended March 31, 2026. Q4 Highlights Q4 2026 revenue was $7.2M, representing 90% growth compared to $3.8M in Q4 2025 Q4 2026 net income was $4.0M compared to -$0.37M in Q4 2025 Q4 2026 Adjusted EBITDA was $3.1M compared to $0.2M in Q4 2025 Q4 2026 Monthly Recurring Billings grew 56% compared to Q4 2025, reflecting continued adoption of FatPipe's offerings Fiscal Year 2026 Highlights Revenue was $19.2M, representing 18% growth compared to FY2025 Net income was $5.0M, representing 154% growth compared to FY2025 Non-GAAP Net Income was $6.4M compared to $2.0M in FY2025 Diluted Net Income per share was $0.35, compared to $0.15 in FY2025 Non-GAAP Net Income per share was $0.46 compared to $0.15 in FY2025 Adjusted EBITDA for FY2026 was $5.4 million, representing an EBITDA margin of approximately 28%, reflecting operating leverage as the Company scales and invests in growth, compared to $4.0 million in FY2025 Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins. FatPipe continued to see strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors. Management Commentary "Our fourth quarter results demonstrate the scalability of FatPipe's model and the progress we have made converting pipeline into revenue, profitability, and recurring billings growth," said Dr. Ragula Bhaskar, CEO of FatPipe. "We believe the combination of strong quarterly revenue growth, meaningful net income generation, and continued customer adoption of our offerings reflects both the strength of our technology and the expanding market need for secure, resilient enterprise connectivity. As we enter fiscal 2027, our focus remains on disciplined execution, channel expansion, and increasing the contribution from recurring software and cybersecurity revenue." "During the quarter, we saw customers continue to prioritize network resilience, application performance, and integrated security as core infrastructure requirements," said Sanchaita Datta, President and CTO of FatPipe. "FatPipe's platform is designed to address these needs through our patented secure SD-WAN technology, application-aware routing, centralized visibility, and single-stack security capabilities. We are continuing to invest in product innovation and deployment support so that customers can modernize complex networks without adding unnecessary operational complexity." Forward-Looking Statements Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. FatPipe introduced a full single stack cybersecurity solution designed to be sold to the same customer profile, and Buyer as FatPipe. FatPipe currently has 13 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc. Company Contact InfoVikrant RagulaDirector of Investor Relations+1 801.683-5656 x [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/fatpipe-inc-fatn-reports-q4-and-fy2026-results-90-y-o-y-q4-revenue-growth-q4-recurring-revenue-up-56-y-o-y-annual-revenue-growth-of-18-302775157.html

Related articleQuarter not tagged2026-05-01

FATN: FatPipe Releases Preliminary Results for FYQ4 Ending March 31

Zacks Small Cap Research

By Lisa Thompson NASDAQ: FATN READ THE FULL FATN RESEARCH REPORT Today, FatPipe Inc. (NASDAQ: FATN) said its preliminary revenues for FYQ4, ending March 31, 2026, would be in the range of $6.6 million to $7.0 million, and its adjusted EBITDA would fall between $3.0 million and $3.2 million. As a result, we are raising Q4 numbers to the midpoint of both. The company will report this quarter on May 18th after the close. This brings FYQ4 EPS up to $0.16 per share compared to our previous estimate of $0.06. Our FY2026 estimates are now revenues of $18.8 million, up 15.3%, and EPS of $0.23 compared to $0.15 the year before (up 51.9%). Adjusted EBITDA for the year is estimated at $5.5 million versus $5.0 million in FY2025. We will revisit our FY2027 numbers after the company reports. Given the increase in valuation of its peers and the increase in our 2026 calendar year revenue estimate, we are raising our current valuation from $5.00 to $6.00 per share. SUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR. DISCLOSURE: Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year. Research articles, as seen here, are part of the service Zacks SCR provides and Zacks SCR receives payments totaling a maximum fee of up to $50,000 annually for these services provided to or regarding the issuer. Full Disclaimer HERE.

Related articleQuarter not tagged2026-05-01

FatPipe, Inc. Provides Preliminary Fourth Quarter Fiscal 2026 Results and Business Update; Schedules Earnings Release for May 18th, 2026

PR Newswire
SALT LAKE CITY, April 30, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN), a pioneer and multiple patents holder in enterprise-class software-defined wide area networking and cybersecurity solutions, today provided preliminary financial results for its fiscal quarter ended March 31, 2026, along with a business update ahead of its upcoming earnings release. Preliminary Financial Highlights Based on currently available information, FatPipe expects for the fourth quarter: 4th Quarter revenue in the range of $6.6 million to $7.0 million, representing approximately 79% YoY growth at the midpoint 4th Quarter Adjusted EBITDA in the range of $3.0 million to $3.2 million for Q4 FY2026 as compared to $0.2 million for Q4 FY2025 The Company's preliminary results reflect continued investment in sales efforts and ongoing expansion of its channel partnerships. These unaudited preliminary results are based on management's initial review and are subject to the completion of the Company's financial closing procedures and audit. A reconciliation of Adjusted EBITDA to the most directly comparable GAAP measure will be provided with the Company's full financial results. Adjusted EBITDA should not be considered in isolation or as a substitute for GAAP measures. Upcoming Earnings Release and Conference Call FatPipe plans to release its full fiscal year 2026 financial results on May 18, 2026, after market close. Management will host a conference call and webcast to discuss the results: Date: May 18, 2026 Time: 4:15 PM to 4:45 PM ET Format: Investor Webinar Registration Link: https://events.teams.microsoft.com/event/36b2db48-b620-4895-ade5-94296ccee6f2@51ec01b9-4755-406d-a5cf-be0d14b56e66 Safe Harbor Statement This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company's expected financial results, anticipated revenue, margins, profitability, cash position, growth prospects, business strategy, market opportunity, product development, customer demand, sales pipeline, channel expansion, and the timing and results of the Company's fiscal year 2026 financial close and audit. These forward-looking statements are based on the Company's current expectations, estimates, forecasts, and projections, as well as the beliefs and assump…Read full document

SALT LAKE CITY, April 30, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN), a pioneer and multiple patents holder in enterprise-class software-defined wide area networking and cybersecurity solutions, today provided preliminary financial results for its fiscal quarter ended March 31, 2026, along with a business update ahead of its upcoming earnings release. Preliminary Financial Highlights Based on currently available information, FatPipe expects for the fourth quarter: 4th Quarter revenue in the range of $6.6 million to $7.0 million, representing approximately 79% YoY growth at the midpoint 4th Quarter Adjusted EBITDA in the range of $3.0 million to $3.2 million for Q4 FY2026 as compared to $0.2 million for Q4 FY2025 The Company's preliminary results reflect continued investment in sales efforts and ongoing expansion of its channel partnerships. These unaudited preliminary results are based on management's initial review and are subject to the completion of the Company's financial closing procedures and audit. A reconciliation of Adjusted EBITDA to the most directly comparable GAAP measure will be provided with the Company's full financial results. Adjusted EBITDA should not be considered in isolation or as a substitute for GAAP measures. Upcoming Earnings Release and Conference Call FatPipe plans to release its full fiscal year 2026 financial results on May 18, 2026, after market close. Management will host a conference call and webcast to discuss the results: Date: May 18, 2026 Time: 4:15 PM to 4:45 PM ET Format: Investor Webinar Registration Link: https://events.teams.microsoft.com/event/36b2db48-b620-4895-ade5-94296ccee6f2@51ec01b9-4755-406d-a5cf-be0d14b56e66 Safe Harbor Statement This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company's expected financial results, anticipated revenue, margins, profitability, cash position, growth prospects, business strategy, market opportunity, product development, customer demand, sales pipeline, channel expansion, and the timing and results of the Company's fiscal year 2026 financial close and audit. These forward-looking statements are based on the Company's current expectations, estimates, forecasts, and projections, as well as the beliefs and assumptions of management, and are not guarantees of future performance. Words such as "expects," "anticipates," "believes," "intends," "plans," "estimates," "projects," "may," "will," "should," "could," "continues," and similar expressions are intended to identify such forward-looking statements. Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of various risks and uncertainties, including, but not limited to: the completion of the Company's financial closing procedures and audit, and the possibility of adjustments to the preliminary financial results presented herein; the Company's ability to accurately forecast demand and convert its sales pipeline into revenue; variability in customer purchasing cycles, including delays or reductions in spending by enterprise, service provider, or public sector customers; risks related to the Company's channel and distribution strategy, including dependence on third-party partners; competition in the markets for software-defined networking, SASE, and cybersecurity solutions, including from larger and more established companies; the Company's ability to successfully develop, introduce, and gain market acceptance for new products and enhancements, including its integrated networking and security offerings; risks related to cybersecurity threats, network disruptions, or failures in the Company's products or services; general economic, industry, and market conditions, including inflationary pressures, interest rate changes, and geopolitical uncertainty; the impact of regulatory requirements applicable to public companies and the Company's ability to maintain effective internal controls over financial reporting; and other risks and uncertainties described in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The preliminary financial information presented in this press release is based on management's initial review of operations for the period and remains subject to the completion of normal quarter- and year-end accounting procedures, including the audit by the Company's independent registered public accounting firm. Accordingly, actual reported results may differ materially from the preliminary results presented herein. Investors are cautioned not to place undue reliance on these preliminary financial results. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc. Company Contact +1 801.683-5656 x 1140 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/fatpipe-inc-provides-preliminary-fourth-quarter-fiscal-2026-results-and-business-update-schedules-earnings-release-for-may-18th-2026-302759354.html

Related articleQuarter not tagged2026-04-16

FatPipe, Inc. (NASDAQ: FATN) announces Investor Earnings Call to Present Fiscal Year 2026 Financial Results on May 18, 2026

PR Newswire
SALT LAKE CITY, April 16, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class software-defined wide area networking and cybersecurity solutions, is pleased to announce today that it will host an investor earnings call to present its financial results for the fourth quarter and full year of fiscal year ending March 31st, 2026. The investor webinar will be held on May 18, 2026, from 4:15 PM to 4:45 PM Eastern Time. Senior management will review the Company's Q4 and full year 2026 financial performance and provide business updates, followed by a brief question-and-answer session. Event Details Date: May 18, 2026 Time: 4:15 PM to 4:45 PM ET Format: Investor webinar Registration details and access information can be found here and will be made available on the Company's investor relations channels. Registration Link: https://events.teams.microsoft.com/event/36b2db48-b620-4895-ade5-94296ccee6f2@51ec01b9-4755-406d-a5cf-be0d14b56e66 Forward Looking Statements Certain statements contained in this earnings call, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. p…Read full document

SALT LAKE CITY, April 16, 2026 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class software-defined wide area networking and cybersecurity solutions, is pleased to announce today that it will host an investor earnings call to present its financial results for the fourth quarter and full year of fiscal year ending March 31st, 2026. The investor webinar will be held on May 18, 2026, from 4:15 PM to 4:45 PM Eastern Time. Senior management will review the Company's Q4 and full year 2026 financial performance and provide business updates, followed by a brief question-and-answer session. Event Details Date: May 18, 2026 Time: 4:15 PM to 4:45 PM ET Format: Investor webinar Registration details and access information can be found here and will be made available on the Company's investor relations channels. Registration Link: https://events.teams.microsoft.com/event/36b2db48-b620-4895-ade5-94296ccee6f2@51ec01b9-4755-406d-a5cf-be0d14b56e66 Forward Looking Statements Certain statements contained in this earnings call, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc. Company Contact +1 801.683-5656 x 1140 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/fatpipe-inc-nasdaq-fatn-announces-investor-earnings-call-to-present-fiscal-year-2026-financial-results-on-may-18-2026-302744384.html

Related articleQuarter not tagged2026-02-03

FatPipe Inc. (FATN) Reports Third Quarter Fiscal Year 2026 Results. Revenues up 30%, MRR up 48% Y-o-Y, and Cash Flow Positive

ACCESS Newswire
SALT LAKE CITY, UTAH / ACCESS Newswire / February 2, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its third quarter fiscal year 2026 results for the period ended December 31, 2025. Q3 Highlights Total revenue, including professional services, was $4.1 million, representing 30% growth compared to the third quarter of fiscal 2025 Monthly Recurring Billings grew 48% compared to the third quarter of fiscal 2025, reflecting continued adoption of FatPipe's subscription offerings Total Quarterly Billings increased 27% compared to the third quarter of fiscal 2025 Adjusted EBITDA for the three months ended December 31 was $0.59 million, representing an EBITDA margin of approximately 14%, reflecting operating leverage as the Company scales and invests in growth, compared to $0.57 million in the third quarter of fiscal 2025 Cash and cash equivalents as of December 31, 2025, were $6.2 million, providing flexibility to support continued growth initiatives Continued expansion of the sales organization and channel partner network to support growing pipeline activity Closed multiple large multi-site SD-WAN deployments across education, financial services, and enterprise verticals Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins. FatPipe continued to see strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors. Management Commentary "This quarter reflects continued momentum in our business as we execute on our growth strategy," said Dr. Ragula Bhaskar, CEO of FatPipe. "We are seeing strong demand for our secure, high-performance SD-WAN and cybersecurity solutions, particularly from customers looking to modernize critical infrastructure while reducing complexity and cost. With growing recurring billings, expanding sales coverage, and a differentiated single-stack cybersecurity offering, we believe FatPipe is well-positioned for sustained long-term growth." "Our customers continue to deploy FatPipe at scale," added Sanchaita Datta, President and CTO of FatPipe. "During the quarter, we supported multiple large, complex depl…Read full document

SALT LAKE CITY, UTAH / ACCESS Newswire / February 2, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its third quarter fiscal year 2026 results for the period ended December 31, 2025. Q3 Highlights Total revenue, including professional services, was $4.1 million, representing 30% growth compared to the third quarter of fiscal 2025 Monthly Recurring Billings grew 48% compared to the third quarter of fiscal 2025, reflecting continued adoption of FatPipe's subscription offerings Total Quarterly Billings increased 27% compared to the third quarter of fiscal 2025 Adjusted EBITDA for the three months ended December 31 was $0.59 million, representing an EBITDA margin of approximately 14%, reflecting operating leverage as the Company scales and invests in growth, compared to $0.57 million in the third quarter of fiscal 2025 Cash and cash equivalents as of December 31, 2025, were $6.2 million, providing flexibility to support continued growth initiatives Continued expansion of the sales organization and channel partner network to support growing pipeline activity Closed multiple large multi-site SD-WAN deployments across education, financial services, and enterprise verticals Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins. FatPipe continued to see strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors. Management Commentary "This quarter reflects continued momentum in our business as we execute on our growth strategy," said Dr. Ragula Bhaskar, CEO of FatPipe. "We are seeing strong demand for our secure, high-performance SD-WAN and cybersecurity solutions, particularly from customers looking to modernize critical infrastructure while reducing complexity and cost. With growing recurring billings, expanding sales coverage, and a differentiated single-stack cybersecurity offering, we believe FatPipe is well-positioned for sustained long-term growth." "Our customers continue to deploy FatPipe at scale," added Sanchaita Datta, President and CTO of FatPipe. "During the quarter, we supported multiple large, complex deployments that highlight the reliability, performance, and security advantages of our platform. As organizations prioritize resilient connectivity and integrated security, our technology continues to stand out." Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe's registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide. For more information, please visit www.fatpipeinc.com. Follow us on X @FatPipe_Inc. Company Contact +1 801.683-5656 x 1140 [email protected] SOURCE: FatPipe Networks View the original press release on ACCESS Newswire

As of 2026-10-24 • Updated weeklySource: Earnings sourceIngestion runbook