NEW YORK, July 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of UiPath, Inc. (NYSE: PATH). https://securitiesclasslaw.com/securities/uipath-loss-submission-form-2/?id=90358&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of PATH during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces it has filed a lawsuit against UiPath, Inc. ("UiPath" or the "Company") (NYSE:PATH) and certain of the Company's senior executives. Investors have until August 19, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UiPath securities between December 1, 2023 and the close o ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends UiPath. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

PATH investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky ...

UiPath traded at nearly $80 per share soon after a 2021 public offering at $56 per share. When I wrote about the company in 2022, I warned that it needed to become profitable and continue growing its top line to be worthy of investment. While UiPath has grown revenue by over 20% per year since then, it has continued to lose money. For the quarter ending in April, the first of its 2025 fiscal year, UIPath lost $28.7 million, 5 cents per share, on revenue of $335 million. PATH Stock and UiPath Layoffs: What H ...

UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as part of a restructuring aimed at managing its operating expenses. "This workforce reduction is aimed at further driving operational efficiency and customer centricity," the company said in the filing. "These changes reflect efforts to reshape the organization by streamlining the company's structure, particularly in operational and corporate fu ...

Daniel Dines, Co-founder & CEO at UiPath addresses the audience during the third day of the Web Summit 2021 at Parque das Nacoes in Lisbon. UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the SEC on Tuesday. Most of the layoffs will be implemented by the end of the first quarter of fiscal 2026, the company said. That quarter ends next April. UiPath shares dropped about 7% on Tuesday and have n ...

It's possible. But it's also possible that Dines is returning as CEO merely to get the company he helped found back on track for the long haul. Investors might not have clarity until August, when it's expected that UiPath will report financial results for its fiscal second quarter. Management just made a decision that could imply softer-than-expected growth for the software company. Shares of software company UiPath (PATH -6.64%) sank on Tuesday after the company announced a round of layoffs. As of 10:45 a. ...

About Oliver Haill About this content Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup New ...

UiPath Inc. NYSE: PATH is the leader in robotic process automation (RPA) and business process automation (BPA). The company has been involved with artificial intelligence (AI) for years, using it to help customers task mine and automate manual software processes. However, UiPath saw its stock plunge 34% immediately following its fiscal Q1 2025 earnings, leaving investors in shock over the company's future. Get UiPath alerts: UiPath: A Value Play Based on Cash Alone The company is bolstering its generative A ...