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UIPATH NEWS NOTIFICATION: BFA Law Announces Investigation of UiPath, Inc. (NYSE: PATH) From 34% Stock Drop, Investors are Encouraged to Contact the Firm
PATHUiPath(PATH) GlobeNewswire News Room·2024-06-08 09:14

On May 29, 2024, after market, UiPath announced the abrupt departure of CEO Robert Enslin, reported disappointing financial results for 1Q 2025, and revised downward its financial guidance for 2Q and FY 2025. UiPath blamed the disappointing financial results and guidance on poor execution of its sales strategy, an inability to scale its growth products, failed investments the company previously made to accelerate growth, and challenging macroeconomic conditions. The company's stock price declined 34% during ...