13 Customer momentum ARR2 $1.508 billion – $1.513 billion Autopilot for Studio and Autopilot for Test Suite are currently in public preview 16 | --- | --- | --- | --- | --- | |-----------------------------------------------------------|--------|---------|----------|----------| | Revenue | $405.3 | $308.5 | $1,308.1 | $1,058.6 | | GAAP gross margin | 87% | 85% | 85% | 83% | | GAAP operating expenses: | | | | | | Sales and marketing | $191.7 | $173.8 | $713.1 | $701.6 | | Research and development | $85.6 | $8 ...

UiPath Inc. (NYSE:PATH) Q4 2024 Earnings Conference Call March 13, 2024 5:00 PM ET Company Participants Kelsey Turcotte - Senior Vice President, Investor Relations Rob Enslin - Chief Executive Officer Daniel Dines - Co-Founder and Co-Chief Executive Officer Ashim Gupta - Chief Financial Officer Conference Call Participants Kirk Materne - Evercore ISI Jake Roberge - William Blair Mark Murphy - JPMorgan Matt Hedberg - RBC Sanjit Singh - Morgan Stanley Bryan Bergin - TD Cowen Keith Bachman - BMO Capital Market ...

For the quarter ended January 2024, UiPath (PATH) reported revenue of $405.25 million, up 31.3% over the same period last year. EPS came in at $0.22, compared to $0.15 in the year-ago quarter.The reported revenue represents a surprise of +5.72% over the Zacks Consensus Estimate of $383.32 million. With the consensus EPS estimate being $0.15, the EPS surprise was +46.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

UiPath (PATH) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 46.67%. A quarter ago, it was expected that this enterprise automation software developer would post earnings of $0.07 per share when it actually produced earnings of $0.12, delivering a surprise of 71.43%.Over the last fou ...

The AI goldrush is not over. Companies like Nvidia and Super Micro Computer are generating staggering returns on the back of excellent and ever-growing financial metrics. Yet, AI stocks are becoming increasingly crowded and expensive, with everyone clamoring to get a slice. Prudent investors are starting to look further afield for undervalued AI stocks—which might be harder than it sounds since almost every tech company is moving into the AI space. That is why we’ve collated the three most promising and und ...

Financial Performance - Q4 FY2024 ARR grew 22% YoY to $1.464 billion[2] - Q4 FY2024 revenue increased 31% YoY to $405 million[6] - Full-year FY2024 revenue increased 24% YoY to $1.308 billion[7] - Total revenue for the three months ended January 31, 2024, was $405.253 million, a 31.3% increase from $308.549 million in the same period in 2023[28] - Subscription services revenue grew 27.1% to $176.038 million in Q1 2024 compared to $138.514 million in Q1 2023[28] - Net income for Q1 2024 was $33.916 million, a significant improvement from a net loss of $27.689 million in Q1 2023[28] - GAAP gross profit for the twelve months ended January 31, 2024, was $1,112.148 million, with a GAAP gross margin of 85%[34] - Non-GAAP gross profit for the twelve months ended January 31, 2024, was $1,144.461 million, with a Non-GAAP gross margin of 87%[34] - GAAP operating income (loss) for the twelve months ended January 31, 2024, was $(164.720) million, with a GAAP operating margin of (13)%[37] - Non-GAAP operating income for the twelve months ended January 31, 2024, was $232.564 million, with a Non-GAAP operating margin of 18%[37] - GAAP net income (loss) attributable to common stockholders for the twelve months ended January 31, 2024, was $(89.883) million[39] - Non-GAAP net income for the twelve months ended January 31, 2024, was $310.380 million[39] Cash Flow and Liquidity - Q4 FY2024 net cash flow from operations and non-GAAP adjusted free cash flow both reached $146 million[7] - Full-year FY2024 net cash flow from operations was $299 million, with non-GAAP adjusted free cash flow at $309 million[7] - Cash and cash equivalents decreased to $1.061678 billion as of January 31, 2024, from $1.402119 billion as of January 31, 2023[30] - Net cash provided by operating activities was $299.082 million for the twelve months ended January 31, 2024, compared to a net cash used of $9.981 million in the same period in 2023[32] - Non-GAAP adjusted free cash flow for the twelve months ended January 31, 2024, was $309.383 million[42] - Purchases of marketable securities totaled $1.485965 billion for the twelve months ended January 31, 2024, a significant increase from $388.409 million in the same period in 2023[32] Guidance and Future Outlook - Q1 FY2025 revenue guidance is $405 million, a 31% YoY increase[6] - FY2025 ARR guidance is in the range of $1.725 billion to $1.730 billion[11] Product and Partnership Developments - UiPath launched UiPath Autopilot™ for Studio and Autopilot™ for Test Suite, enhancing developer and tester productivity with AI capabilities[12] - UiPath expanded its partnership with Google Cloud, integrating Google Cloud's Vertex AI and Google Workspace offerings[12] Expenses and Compensation - GAAP sales and marketing expenses for the twelve months ended January 31, 2024, were $713.130 million[37] - Non-GAAP sales and marketing expenses for the twelve months ended January 31, 2024, were $560.009 million[37] - Stock-based compensation expense was $371.955 million for the twelve months ended January 31, 2024, slightly up from $369.840 million in the same period in 2023[32] - Repurchases of Class A common stock totaled $102.615 million for the twelve months ended January 31, 2024[32] Balance Sheet and Deferred Revenue - Total assets increased to $2.954758 billion as of January 31, 2024, from $2.735206 billion as of January 31, 2023[30] - Deferred revenue increased to $486.805 million as of January 31, 2024, up from $398.334 million as of January 31, 2023[30]

Analysts on Wall Street project that UiPath (PATH) will announce quarterly earnings of $0.15 per share in its forthcoming report, representing no change year over year. Revenues are projected to reach $383.32 million, increasing 24.2% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a c ...

UiPath, Inc. (PATH) will report its fourth-quarter fiscal 2024 results on Mar 13, 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 the efficiency of its end-to-end automation platform, new products and customer growth. The current Zacks Consensus Estimate for PATH’s revenues is pegged at $383.3 million, indicating a 24.2% year-over-year increase.The consensus estimate for License revenues is pegged at $194 million, indicatin ...

In the latest market close, UiPath (PATH) reached $23.60, with a +1.77% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 1.03%. On the other hand, the Dow registered a gain of 0.34%, and the technology-centric Nasdaq increased by 1.51%.The enterprise automation software developer's shares have seen a decrease of 1.24% over the last month, not keeping up with the Business Services sector's gain of 6.35% and the S&P 500's gain of 3.21%.Market particip ...

UiPath, Inc. (PATH) is scheduled to report its fourth-quarter fiscal 2024 results on Mar 13, after the bell.The company has an impressive earnings surprise history. Earnings surpassed the Zacks Consensus Estimate in the last four quarters, delivering a surprise of 208.9% on average.UiPath, Inc. Price and EPS Surprise  Q4 ExpectationsThe Zacks Consensus Estimate for PATH’s revenues in the to-be-reported quarter is pegged at $383.3 million, indicating a 24.2% year-over-year increase. We expect the company’s s ...