UiPath (PATH) Grows 7.5% on S&P MidCap 400 Inclusion

Core Insights - UiPath Inc. (NYSE: PATH) experienced a significant share price increase of 7.52% to close at $17.16, driven by its inclusion in the S&P MidCap 400 index [1][3] - The inclusion in the index is expected to enhance the company's visibility to institutional and foreign investors, as funds tracking the index will adjust their portfolios accordingly [2] Financial Performance - In Q3 of fiscal year 2026, UiPath reported a net income of $198.8 million, a turnaround from a net loss of $10.6 million in the same quarter the previous year [3] - Revenue for the quarter rose by 15.9% to $411 million, compared to $354.6 million year-on-year, with annual recurring revenues (ARR) reaching $1.782 billion [3] Future Projections - The company is projecting revenues between $462 million and $467 million for the upcoming period, with ARR expected to be between $1.844 billion and $1.849 billion [4]