FatPipe CEO addresses shareholders on growth strategy

FatPipe Inc. (NASDAQ: FATN) published a letter from Chief Executive Officer Dr. Ragula Bhaskar to shareholders on March 5, 2026, according to a company statement.

In the letter, Bhaskar outlined the company's plan to increase sales through expanding its sales team, activating signed partners, and onboarding new partners. The CEO stated that he and co-founder Sanch remain focused on driving sales growth.

The letter referenced coverage initiation by Zacks Small Cap Research, which set a target price of $5 per share for FatPipe stock. Bhaskar also mentioned recent awards the company received, including recognition from Info-Tech and TMCnet Zero Trust Security Excellence.

Bhaskar indicated the company will evaluate growth opportunities on a case-by-case basis to determine their potential to strengthen the product portfolio, expand market share, and enhance shareholder value through prudent leverage where appropriate.

The CEO stated that more information would be provided during the company's upcoming year-end earnings call.

FatPipe develops software-defined wide area network solutions and cybersecurity products for enterprises and service providers. The company is based in Salt Lake City, Utah.

You May Also Be Interested In

• Citigroup set to join top banks in Anthropic IPO - Bloomberg
• GitLab releases version 19.3 with AI gateway and secrets tools
• Provident Financial prices $175M subordinated notes at 6.50%