FatPipe, Inc. (FATN)
FatPipe, Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Salt Lake City, UT, US. The stock last traded at $6.71, down 4.62% on the session, giving a market capitalisation of $94.2M. On trailing twelve-month figures it carries a trailing P/E of 17.25, a net margin of 26.9%. Its beta of 2.78 implies it has historically moved more than the broad market.
FatPipe, Inc. develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally. The company offers SD-WAN, a network architecture solution that allows enterprises to utilize software and virtualization technologies to enhance the performance, security, and manageability of their WANs that connect offices, data centers, cloud applications, and cloud storage; SASE that provides virtual network functions, which combine networking and network security services into a single cloud-delivered solution; and NMS, a EnterpriseView reporting system for network monitoring that provides a platform to monitor an end-user’s WAN and the performance of FatPipe devices under management. It also provides technical support services, professional, technology development, and training services. In addition, the company offers its solutions to enterprises, communication service providers, security service providers, government organizations, and other middle-market companies. The company sells its software solutions through a subscription-based model through a network of distributors, value-added resellers, internet service providers, and other third parties. FatPipe, Inc. was incorporated in 2010 and is headquartered in Salt Lake City, Utah.
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