PATH INVESTOR ALERT: Kirby McInerney LLP Notifies UiPath, Inc. (PATH) Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
UiPath(PATH) GlobeNewswire News Room·2024-07-17 20:54
On May 29, 2024, UiPath announced the sudden departure of CEO Robert Enslin. On the same day, UiPath announced disappointing first quarter 2025 financial results and significantly cut its full year 2025 revenue guidance by 10%, or $150 million. The Company attributed the poor results and guidance to several factors related to its failed turnaround strategy, including an inadequate execution strategy to scale the Company's AIpowered growth products to reach their full potential. Additionally, UiPath reported ...