UiPath's (NYSE:PATH) Q1 Earnings Results: Revenue In Line Wi

UiPath's (NYSE:PATH) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 29.9%

Automation software company UiPath (NYSE:PATH) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 15.7% year on year to $335.1 million. On the other hand, next quarter's revenue guidance of $302.5 million was less impressive, coming in 11.6% below analysts' estimates. It made a non-GAAP profit of $0.13 per share, improving from its profit of $0.11 per share in the same quarter last year.

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