Salt Lake City, November 4th / PRNewswire / -- FatPipe, Inc. (Nasdaq ticker: FATN) (hereinafter referred to as “FatPipe” or “the Company”) today announced its financial results for the second quarter of fiscal year 2027, which ended on September 30, 2026. FatPipe is a pioneer in enterprise-level, application-aware, security software-defined wide area networks (“SD-WAN”) and single-stack network security solutions, and holds multiple patents in these areas.

Highlights of the Second Quarter

• Revenues for the second quarter of fiscal year 2027 were $4.83 million, representing a 22% increase from $3.96 million in the second quarter of fiscal year 2026.
• The net profit for the second quarter of fiscal year 2027 was $1.2 million, whereas in the second quarter of fiscal year 2026 there was a loss of $40,000.
• The diluted earnings per share were $0.09, compared to $0.00 in the second quarter of fiscal year 2026.
• In the second quarter of fiscal year 2027, the adjusted EBITDA was $1.2 million, with an adjusted EBITDA profit margin of approximately 24.1%, compared to $700,000 in the second quarter of fiscal year 2026.

Financial Performance

The company stated that the revenue growth this quarter was mainly due to an increase in recurring bills, customer renewals, and the acquisition of new customers. FatPipe continues to see strong demand from customers who are seeking secure and high-performance alternatives to traditional network and security providers.

Management Commentary

FatPipe CEO Ragula Bhaskar Ph.D. stated: "We are satisfied with the continued revenue growth and profitability this quarter, which reflects the strength of our business model as well as the results of the continuous efforts of all departments within the company. We will continue to focus on expanding channel partnerships, broadening our customer base, and building momentum in our SD-WAN, network security, and network monitoring products."

FatPipe Chief Financial Officer Kanishka Ragula stated: "Our second-quarter results reflect continuous progress in expanding our recurring revenue base. With revenue growing by 22% year-over-year and an adjusted EBITDA profit margin of 24.1%, we continue to demonstrate our ability to achieve profit growth while implementing strategic investment initiatives. We believe that our financial position provides a solid foundation for expanding our sales team, strengthening our partner ecosystem, and seeking additional growth opportunities."

Forward-looking Statements

Certain statements in this press release may constitute forward-looking statements as defined by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can typically be identified by words such as “may,” “will,” “expect,” “intend,” “project,” “estimate,” “believe,” “continue,” and similar phrases. Readers are cautioned not to rely excessively on these forward-looking statements, which are based on management’s current expectations and are 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 the documents submitted by FatPipe to the U.S. Securities and Exchange Commission. Except as required by law, FatPipe explicitly states that it has no obligation to update forward-looking statements due to new information, future events, or other circumstances.

Forward-looking statements are only valid as of the date of this press release. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements due to new information, future events, or other reasons.

Regarding FatPipe, Inc.

FatPipe was the first to propose the concepts of Software-Defined Wide Area Network (SD-WAN) and Hybrid Wide Area Network. These solutions do not require hardware or software, nor do they need the cooperation of Internet service providers (ISP), allowing enterprises and service providers to control multi-link network traffic. FatPipe has also launched a complete set of single-stack network security solutions, aimed at selling to the same customer base and buyers as FatPipe. FatPipe currently holds 13 US patents related to multi-path and Software-Defined Networking. FatPipe products are sold through more than 200 distributors worldwide.

For more information, please visit www.fatpipeinc.com.

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Company Contact Information

Vikrant Ragula