CORRECTION: UiPath Q1 EPS $0.11 Beats $0.02 Estimate, Sales $289.59M Beat $271.13M Estimate
Portfolio Pulse from Happy Mohamed
UiPath reported Q1 earnings of $0.11 per share, beating analyst estimates of $0.02 by 450%. Sales reached $289.59M, surpassing the $271.13M estimate by 6.81% and marking an 18.17% YoY increase.
May 24, 2023 | 8:19 pm
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UiPath's Q1 earnings beat estimates with $0.11 per share and sales of $289.59M, up 18.17% YoY.
UiPath's Q1 earnings exceeded analyst expectations, with a 450% beat on EPS and a 6.81% beat on sales. This strong performance is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100