UiPath (PATH) exceeds Q1 earnings and revenue expectations.

Reported 4 months ago

UiPath (PATH) reported Q1 earnings of $0.13 per share, surpassing the Zacks Consensus Estimate of $0.11. The company's revenues for the quarter ended April 2024 were $335.11 million, exceeding the Zacks Consensus Estimate. UiPath has beaten consensus EPS and revenue estimates four times over the last four quarters. The stock has declined 24.5% year-to-date compared to the S&P 500's gain of 11.2%, and its future performance will depend on management's commentary. The current Zacks Rank for UiPath is #3 (Hold), indicating expected performance in line with the market in the near future. Alithya Group (ALYAF) is another company in the same industry expected to report quarterly results soon.

Source: YAHOO

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