UiPath (PATH) reported $335.11 million in revenue for the quarter ended April 2024, representing a year-over- year increase of 15.7%. EPS of $0.13 for the same period compares to $0.11 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $332.84 million, representing a surprise of +0.68%. The company delivered an EPS surprise of +18.18%, with the consensus EPS estimate being $0.11. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Ui Path® The Foundation We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are making this statement for purposes of complying with those safe harbor provisions. Our fiscal year end is January 31, and our fiscal quarters end on April 30, July 31, and October 31. All third-party trademarks, including name ...

UiPath (PATH) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this enterprise automation software developer would post earnings of $0.15 per share when it actually produced earnings of $0.22, delivering a surprise of 46.67%. Over the last ...

UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31. Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company's offices in Bucharest, Romania, on Thursday, May 20, 2021. "I am convinced that UiPath will continue to define what's possible for our customers and partners in the AI and automation market," Enslin said, a ...

Revenue and ARR Growth - Revenue of $335 million increased 16% year-over-year[1][6] - ARR of $1.508 billion increased 21% year-over-year[1][6] - Net new ARR of $44 million[6] - Total revenue for Q1 2024 increased to $335.1 million, up 15.7% from $289.6 million in Q1 2023[27] - Subscription services revenue grew to $185.1 million, a 26.5% increase from $146.4 million in Q1 2023[27] - Q2 FY2025 revenue guidance of $300 million to $305 million[7] - Full-year FY2025 ARR guidance of $1.660 billion to $1.665 billion[7] Profitability and Margins - Non-GAAP adjusted free cash flow reached $101 million[1][6] - GAAP gross margin was 83% in Q1 2024, compared to 85% in Q1 2023[34] - Non-GAAP gross margin improved to 86% in Q1 2024, up from 85% in Q1 2023[34] - GAAP operating loss narrowed to $49.5 million in Q1 2024 from $46.4 million in Q1 2023[36] - Non-GAAP operating income increased to $50.4 million in Q1 2024, up from $48.2 million in Q1 2023[36] - Non-GAAP operating income guidance of approximately $145 million for FY2025[7] - GAAP net loss for Q1 2024 was $(28.7) million, compared to $(31.9) million in Q1 2023, showing a reduction in losses[39] - Non-GAAP net income for Q1 2024 was $73.2 million, up from $63.8 million in Q1 2023, reflecting a 14.8% increase[39] - Non-GAAP net income per share, diluted, remained stable at $0.13 in both Q1 2024 and Q1 2023[39] Cash Flow and Liquidity - Cash, cash equivalents, and marketable securities totaled $1.9 billion as of April 30, 2024[6] - Cash and cash equivalents grew to $1.15 billion as of April 30, 2024, up from $1.06 billion as of January 31, 2024[29] - Net cash provided by operating activities was $100.0 million in Q1 2024, compared to $67.3 million in Q1 2023[31] - GAAP net cash provided by operating activities in Q1 2024 was $100.0 million, a 48.6% increase from $67.3 million in Q1 2023[42] - Non-GAAP adjusted free cash flow for Q1 2024 was $101.3 million, up 39.3% from $72.7 million in Q1 2023[42] - Purchases of property and equipment decreased to $1.2 million in Q1 2024 from $1.9 million in Q1 2023[42] - Cash paid for employer payroll taxes related to employee equity transactions was $2.4 million in Q1 2024, down from $2.7 million in Q1 2023[42] - Restructuring costs in Q1 2024 were $63 thousand, significantly lower than $3.7 million in Q1 2023[42] Customer and Product Metrics - Dollar-based net retention rate of 118%[6] - Over 1,500 organizations using UiPath Autopilot™, generating over 7,000 workflows and 5,500 expressions per week[9] Stock-Based Compensation and Share Metrics - Stock-based compensation expense totaled $88.7 million in Q1 2024, up from $85.0 million in Q1 2023[36] - Weighted-average shares used in computing net loss per share increased to 569,925 in Q1 2024 from 557,878 in Q1 2023[27] - Stock-based compensation expense increased to $88.7 million in Q1 2024 from $85.0 million in Q1 2023[39] - Charitable donation of Class A common stock increased to $6.6 million in Q1 2024 from $4.2 million in Q1 2023[39]

UiPath Inc. (PATH) is set to report its first-quarter fiscal 2025 results on May 29, after the bell. We expect a significant year-over-year improvement in the company's top line in the to-be-reported quarter, driven by its strong business model that ensures efficient delivery of its end-to-end automation platform services. Product excellence and customer growth have been helping the company and we expect these to continue. UiPath's products have been instrumental in the evolution of its platform, distinguis ...

Stock Looks Cheap Upon Correction UiPath Inc. (PATH) is set to report its first-quarter fiscal 2025 results on May 29, after the bell. The company has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 192% on average. Let's check out how PATH is currently doing. The stock has declined 23.6% year to date against the 14% rally of the industry and the 11.5% rise of the Zacks S&P 500 composite. On th ...

This up-and-coming AI stock could be poised for bigger gains than Nvidia over the next decade. Another quarter, another report of jaw-dropping sales. That's been a recurring story with Nvidia (NASDAQ: NVDA). The demand for the company's artificial intelligence (AI) chips shows no signs of slowing down. Does this make Nvidia the best AI stock to buy right now? I don't think so. My favorite AI stock could give investors a better chance of making even more money over the next few years. A perhaps surprising ch ...

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Ove ...

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, ...