SALT LAKE CITY, UT / ACCESS Newswire / May 5, 2026 / FatPipe, Inc. (NASDAQ:FATN), today announced that Zacks Small-Cap Research has published an updated equity research report on the Company.

In its company update dated May 1, 2026, Zacks Small-Cap Research increased its valuation for FatPipe from $5.00 to $6.00 per share. The report noted that the increase was based on the increase in valuation of FatPipe's peer companies and an increase in Zacks' 2026 calendar year revenue estimate for the Company.

The report followed FatPipe's previously announced preliminary fiscal fourth quarter 2026 results, including preliminary revenue guidance of $6.6 million to $7.0 million and preliminary adjusted EBITDA guidance of $3.0 million to $3.2 million for the quarter ended March 31, 2026.

"We are pleased to see continued third-party research coverage of FatPipe as we execute on our growth strategy across enterprise networking and cybersecurity," said Dr. Ragula Bhaskar, Chief Executive Officer of FatPipe. "The updated Zacks report recognizes the progress we have made in growing our business, expanding our go-to-market channels, and strengthening our position as a differentiated provider of secure SD-WAN and integrated cybersecurity solutions."

The Zacks Small-Cap Research report also discussed FatPipe's recent business developments, including the Company's partnership with TD SYNNEX, its VeloCloud Replacement Program, and expanded availability across government and education procurement contract vehicles.

The updated Zacks Small-Cap Research report is available at: https://scr.zacks.com/news/news-details/2026/FATN-Raising-FYQ1-and-Calendar-Year-Numbers-Based-on-Preliminary-Results/default.aspx

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

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.

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Company Contact
+1 801.683-5656 x 1140
Investor.ir@fatpipeinc.com

SOURCE: FatPipe Networks