PATH - UiPath Reports Better-Than-Expected Q4 Results: Record Sales First Profitable Quarter | Benzinga
UiPath, Inc. (NYSE:PATH) reported its fourth-quarter financial results after the bell Wednesday. Here's a look at the highlights.
The Details:
The company reported quarterly earnings of 22 cents per share which beat the analyst consensus estimate of 16 cents by 37.5%.
Quarterly sales clocked in at a record $405.253 million, beating the analyst consensus estimate of $383.826 million and representing a 31.34% increase over sales of $308.549 million from the same period last year.
UiPath achieved its first quarter of GAAP profitability as a public company and cash ...