FatPipe Q1 Revenue Jumps 28% to $5M, Adjusted EBITDA Margin Hits 25.6%
FATN has more than doubled off its 52-week low of $1.31 on light trading volume (0.1× avg).
Summary
FatPipe delivered strong Q1 FY2027 results with revenue up 28% YoY to $5.03M, net income of $1.2M, and an Adjusted EBITDA margin of 25.6%. Earnings per share were 9 cents. The growth was driven by recurring billings and new customer wins, underscoring demand for its SD-WAN and cybersecurity solutions. This follows a blockbuster Q4 FY2026 and a recent $7M school contract, reinforcing a pattern of accelerating momentum. With a $10M ATM program already in place, the solid profitability reduces near-term dilution risk. The company's expanding channel and recurring revenue base position it for sustained growth.
At the time of this announcement, FATN was trading at $5.27 on NASDAQ in the Technology sector, with a market capitalization of approximately $73.9M. The 52-week trading range was $1.31 to $10.77. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.