Recurring Revenue

FatPipe Q2 Revenue Climbs 22% to $4.83M, Swings to $1.2M Profit

Image
FatPipe Q2 Revenue Climbs 22% to $4.83M, Swings to $1.2M Profit

SALT LAKE CITY – November 04, 2026 -- FatPipe, Inc. (NASDAQ: FATN) reported second-quarter fiscal 2027 net income of $1.2 million, a turnaround from a $0.04 million loss a year earlier, as revenue rose 22% to $4.83 million.

FatPipe lifts quarterly revenue to $4.83M from $3.96M

Revenue for the quarter ended September 30, 2026 compared with $3.96 million in the same period of fiscal 2026. The company attributed the growth to increased recurring billings, customer renewals and new customer wins. It also cited strong demand from customers seeking secure, high-performance alternatives to legacy networking and security vendors.

Adjusted EBITDA reaches $1.2M at a 24.1% margin

Adjusted EBITDA was $1.2 million, an approximate margin of 24.1%, versus $0.7 million in Q2 2026. Diluted earnings per share were $0.09, compared with $0.00 a year earlier.

Truecaller Q3 Sales Rise 18% on Q2 as Ads and Business Rebound

Stockholm – November 03, 2026 -- Truecaller reported third-quarter net sales of SEK 464.0 million, up 18% sequentially from Q2 and up about 3% year on year in constant currencies. Reported sales slipped 1% from SEK 467.9 million, and a SEK 92 million transfer pricing provision in India pushed the company to a quarterly loss.

Recurring revenue climbs to 47% of net sales

Subscription revenues grew 32% in constant currencies, and revenues from Truecaller for Business rose 14%. Advertising revenue fell 12%. Recurring revenues grew 26% year on year in constant currencies and now make up 47% of net sales, against 38% a year earlier.

The CEO said ad revenues grew 23% versus Q2 and turned modestly positive year on year in September, helped by the rollout of proprietary ad tech infrastructure. Truecaller for Business sales rose 15% versus Q2. Business Messaging volumes are structurally higher after the shift to a multi-partner model.

Profound Medical Adds Cook Medical Channel for U.S. TULSA-PRO Sales

Image
Profound Medical Adds Cook Medical Channel for U.S. TULSA-PRO Sales

TORONTO – October 31, 2026 -- Profound Medical Corp. (NASDAQ: PROF; TSX: PRN) has signed a supply and distribution agreement with the iMRI Division of Cook Medical, adding a second U.S. capital equipment channel for its TULSA-PRO system while keeping recurring treatment kit and service revenue in-house.

Cook buys systems at a predetermined transfer price and resells them in the U.S.

Cook will purchase TULSA-PRO systems from Profound at a predetermined transfer price for U.S. distribution. Customers who buy through Cook will source single-use disposables and service contracts directly from Profound. The company therefore keeps the recurring revenue relationship on every system Cook places.

Profound's existing capital sales team will keep selling TULSA-PRO directly to sites with compatible MRI systems. The two channels target different buyers: hospitals using existing MRI infrastructure and those investing in new iMRI capabilities.

Nedap Q3 Revenue Rises 7% as Recurring Revenue Climbs 17%

Image
Nedap Q3 Revenue Rises 7% as Recurring Revenue Climbs 17%

Groenlo – October 15, 2026 -- Nedap grew third-quarter 2026 revenue by 7% year on year, with its four key markets up 9% and year-to-date key-market growth at 12%. Recurring revenue rose 17% in the first nine months of 2026 and made up 42% of total revenue for the period.

Recurring revenue grew faster than total revenue and increased in all four key markets in the quarter. CEO Rob Schuurman said the company remains on track with its Step Up! strategy.

Livestock revenue falls on delivery timing and subscription shift

Livestock revenue declined against a strong third quarter of 2025. Nedap attributes the drop mainly to delivery timing and a further move toward subscription-based offerings. Recurring revenue in the unit rose as adoption of as-a-service offerings grew, and the installed base expanded across multiple regions.

BRC Group to Acquire Sangoma Technologies in $204 Million Deal

Los Angeles and Toronto – September 29, 2026 -- BRC Group Holdings, Inc. (NASDAQ: RILY) has agreed to acquire Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) in a deal valuing the communications provider at an enterprise value of approximately $204 million, or C$289 million.

Combined communications revenue reaches $441 million on a trailing-twelve-month basis

BRC's existing communications businesses and Sangoma generated a combined $441 million in trailing-twelve-month revenue as of June 2026, with $241 million from BRC's units and $200 million from Sangoma. BRC's communications portfolio alone produced approximately $52 million in segment income over the same period.