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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. ....

Rob Enslin , Automation Software , Cash Flow , Recurring Revenue , Revenue Retention , Business Automation Platform , Daniel Dines , Uipath Founder , Chief Innovation , Monster Beverage , Wall Street , Chief Innovation Officer Daniel Dines ,

UiPath Stock Plummets After Q1 Results: Here's Why - UiPath (NYSE:PATH)

UiPath reported quarterly earnings of 13 cents per share which beat the analyst consensus estimate of 12 cents by 8.33%. Quarterly sales came in at $335 million which beat the analyst consensus estimate of $333.04 million and represents a 15.68% increase over sales of $289.59 million from the same period last year. ....

Rob Enslin , Uipath Inc , Business Automation Platform , Daniel Dines , Going On With , Benzinga Pro ,