PATH - Why UiPath Stock Is Climbing Today | Benzinga
UiPath, Inc. (NYSE: PATH) shares are trading higher Thursday after the company reported better-than-expected earnings and issued an upbeat third-quarter outlook on Wednesday.
The Details:
UiPath reported quarterly earnings of 9 cents per share, beating the consensus estimate of 3 cents and representing an increase of 550% from the same period last year.
The company also reported second-quarter sales of $287.00 million, beating the analyst consensus estimate of $282.14 million and representing an 18.49% increase over sales from the same period last year.
UiPath raised its third-quarter ...