Shares of the office automation pioneer have fallen a long way this year, even though the company's sales are growing by a double-digit annual percentage. Shares of office automation specialist UiPath (PATH -0.08%) have tumbled by more than half since the start of 2024. This isn't surprising because demand for the type of services it offers is growing by leaps and bounds. UiPath specializes in robotic process automation (RPA), which is increasingly popular among office managers who want a more efficient wor ...

Can the beaten-down stock stage a turnaround? After seeing its shares crumble following its first-quarter earnings report, UiPath (PATH -1.31%) fared better when it reported its second-quarter results. And yet, the shares still traded lower. With the stock still down about 45% on the year, let's take a close look at Q2 results for this robotic process artificial intelligence (AI) automation software company's and see whether now is a good time to buy shares. Getting back on track UiPath's Q1 report was a co ...

UiPath Inc. (NYSE:PATH) Piper Sandler Growth Frontiers Conference September 10, 2024 10:30 AM ET Company Participants Ashim Gupta - Chief Financial Officer Conference Call Participants Unidentified Company Representative Right. Well, we've reached the bottom of the hour, so I think we're ready to go. So, my name is [indiscernible]. I'm joined here with Ashim Gupta, the CFO. [indiscernible] Question-and-Answer Session Q - Unidentified Analyst So, I think most investors here understand the story, understand t ...

UiPath Inc. (NYSE:PATH) Piper Sandler Growth Frontiers Conference September 10, 2024 10:30 AM ET Company Participants Ashim Gupta - Chief Financial Officer Conference Call Participants Unidentified Company Representative Right. Well, we've reached the bottom of the hour, so I think we're ready to go. So, my name is [indiscernible]. I'm joined here with Ashim Gupta, the CFO. [indiscernible] Question-and-Answer Session Q - Unidentified Analyst So, I think most investors here understand the story, understand t ...

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. ...

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. ...

UiPath NYSE: PATH share price issues are behind it now that the Q2 results are in. The pullback shaved more than 50% off of the stock price as expectations were reset, setting up the opportunity today. That opportunity is an outperformance and upgrade cycle in a high-quality small-cap tech stock. UiPath Today | --- | --- | --- | |----------------------|-------|-------| | | | | | | | | | | | | | | PATH | | | UiPath | | | | $11.97 | | | | -0.77 (-6.04%) | | | | 52-Week Range $10.37 | | | | ▼ | | | | $27.87 | ...

Revenue Growth - Revenue for the quarter ended July 31, 2024, was $316.3 million, representing a 10% year-over-year increase[110]. - Year-to-date revenue reached $651.4 million, reflecting a 13% year-over-year growth[110]. - Annualized Renewal Run-Rate (ARR) as of July 31, 2024, was $1,550.6 million, up 19% year-over-year[110]. - Total revenue increased by $28.9 million, or 10%, for the three months ended July 31, 2024, compared to the same period in 2023, driven by a $34.7 million increase in subscription services revenue[140]. - Total revenue increased by $74.5 million, or 13%, for the six months ended July 31, 2024, compared to the same period in 2023, primarily due to a $73.5 million increase in subscription services revenue[149]. Customer Metrics - The number of customers with ARR greater than or equal to $1 million increased to 293, up from 254 year-over-year[121]. - Approximately 17% of ARR growth was attributed to new customers, while 83% came from existing customers[118]. - 37% of the total revenue growth was attributable to new customers, while 63% was from existing customers[140]. Revenue Composition - Subscription services revenue accounted for 62% of total revenue for the three months ended July 31, 2024, up from 56% in the same period last year[138]. - Licenses revenue decreased by $7.0 million, or 6%, to $112.3 million for the three months ended July 31, 2024, primarily due to the transition to Flex Offerings[140]. - Professional services and other revenue increased by $1.3 million, or 16%, to $9.3 million for the three months ended July 31, 2024[140]. - Subscription services revenue grew by 24%, reaching $379.8 million for the six months ended July 31, 2024, compared to $306.4 million in the prior year[149]. Profitability and Margins - Gross margin for the three months ended July 31, 2024, was 80%, down from 83% in the same period last year[110]. - Gross profit margin was 80% for the three months ended July 31, 2024, compared to 83% in the same period last year[138]. - Gross margin decreased to 82% for the six months ended July 31, 2024, compared to 84% for the same period in 2023, due to increased costs in subscription services[151]. Operating Expenses - Total operating expenses were $356.3 million for the three months ended July 31, 2024, representing 113% of total revenue[138]. - Sales and marketing expenses rose by $44.3 million, or 13%, for the six months ended July 31, 2024, primarily driven by a $29.5 million increase in personnel-related expenses[152]. - Research and development expenses increased by $11.8 million, or 14%, for the three months ended July 31, 2024, compared to the same period in 2023[144]. - General and administrative expenses increased by $3.9 million, or 7%, for the three months ended July 31, 2024, primarily due to a $3.0 million increase in software service expenses[145]. Net Loss and Taxation - The net loss for the three months ended July 31, 2024, was $86.1 million, compared to a net loss of $60.4 million in the same period last year[140]. - The effective tax rate is influenced by foreign tax rates and non-deductible expenses, with a provision for income taxes of $3.8 million for the three months ended July 31, 2024[137]. - The company maintains a full valuation allowance on its U.S. federal and state deferred tax assets, indicating uncertainty in realizing these assets[135]. Cash Flow and Investments - Cash flow from operations for the six months ended July 31, 2024, was $146.4 million, compared to $111.6 million for the same period in 2023[110]. - Net cash provided by operating activities was $146.4 million for the six months ended July 31, 2024, up from $111.6 million for the same period in 2023, driven by approximately 12% higher cash collections[163]. - Net cash used in investing activities was $5.9 million for the six months ended July 31, 2024, compared to $370.7 million for the same period in 2023[165]. - Net cash used in financing activities was $260.9 million for the six months ended July 31, 2024, primarily due to $218.8 million in stock repurchases[166]. Stock Repurchase and Cash Position - As of July 31, 2024, the company had cash, cash equivalents, and marketable securities totaling $1,743.4 million, with an accumulated deficit of $2,029.0 million[158]. - The company authorized a stock repurchase program of up to $500.0 million on September 1, 2023, and an additional $500.0 million on August 30, 2024[161]. Foreign Currency Impact - Approximately 54% of revenues and 36% of expenses were denominated in non-U.S. dollar currencies, with net foreign currency transaction gains of $2.2 million recognized[174].

Vertigo3d Summary In May, I analyzed UiPath Inc. (NYSE:PATH) and concluded that while the company's growth had slowed as customers reorganized IT strategy and budgets to incorporate AI, RPA (robotic process automation) could see an acceleration in demand and is a tool that AI can utilize. The company founder came bock as CEO and began to make commercial changes with a focus on accelerating new contracts. However, this could require some time to exceute, and the stock would tread water until a clearer path w ...

Investors initially liked the second-quarter results, but the stock couldn't escape a broader challenge. Shares of UiPath (PATH -5.77%) initially soared today after it reported better-than-expected results in its fiscal second-quarter earnings report last night. However, that rally quickly gave way to a sell-off once the stock market opened this morning. Investors seemed to reexamine the news in the context of a disappointing employment report that showed the economy weakening faster than expected. That led ...