# Aeries Technology Revenue Rises 4.5% as Fiscal Q2 EBITDA Falls

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/55082
Published: 2026-11-12T07:25:50.000Z
Updated: 2026-11-12T07:25:50.000Z
Section: Business

> Net income increased to $1.3 million, and the company reaffirmed fiscal 2027 revenue guidance of $80 million to $84 million.

Aeries Technology, Inc. posted higher revenue and net income in fiscal second-quarter 2027, but adjusted EBITDA declined, as the company reaffirmed its full-year revenue and earnings outlook.

For the three months ended Sept. 30, revenue was $18.1 million, up 4.5% from $17.4 million a year earlier. Net income increased to $1.3 million from $642,000.

Adjusted EBITDA, a non-GAAP measure, fell to $2.1 million from $2.6 million. Its margin narrowed to 11.6% from 14.7%.

For the first half of fiscal 2027, revenue rose 23% to $40.1 million from $32.7 million. The first-half total includes $2.7 million tied to a previously disclosed customer buyout that Aeries recognized in the first quarter. Operating cash flow increased to $4.7 million from $2.4 million.

Aeries reaffirmed its fiscal 2027 guidance of $80 million to $84 million in revenue and $10 million to $12 million in adjusted EBITDA. A conference call to discuss the results is scheduled for 8 a.m. ET (13:00 UTC) Thursday, Nov. 12.