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FatPipe Inc. (NASDAQ:FATN) shares are trading sharply higher this Friday. The move follows the company’s preliminary fourth-quarter fiscal 2026 business update released Thursday.
The Nasdaq is up 1.17% while the S&P 500 has gained 0.68%.
• Fatpipe stock is among today’s top performers. Why is FATN stock up today?
Massive Revenue Growth
The SD-WAN pioneer expects fourth-quarter revenue between $6.6 million and $7 million. This range represents approximately 79% year-over-year growth at the midpoint. This jump highlights increasing demand for its enterprise-class networking and cybersecurity solutions.
Adjusted EBITDA Skyrockets
Profitability metrics showed even more dramatic …
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