UiPath's stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints
UiPath's stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints - SiliconANGLE
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UiPath's stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints - SiliconANGLE
Stock futures were trading lower in the early morning hours on Thursday following a disappointing outlook from Salesforce.
Revenue of $335 million increases 16 percent year-over-year ARR of $1.508 billion increases 21 percent year-over-year Cash flow from operations reaches $100 million and non-GAAP adjusted free...
Co-founder Daniel Dines will return as sole CEO, less than five months after he ceded power to former Google executive Rob Enslin.
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.