PATH - UiPath Stock Plummets After Q1 Results: Here's Why | Benzinga
UiPath, Inc. (NYSE:PATH) reported its first-quarter financial results and announced a chief executive officer transition after the bell Wednesday. Here's a look at the details from the report.
The Details: UiPath reported quarterly earnings of 13 cents per share, which beat the analyst consensus estimate of 12 cents by 8.33%.
Quarterly sales came in at $335 million, which beat the analyst consensus estimate of $333.04 million and represents a 15.68% increase over sales of $289.59 million from the same period last year.
The company reported ARR of $1.508 ...