Recap: UiPath Q1 Earnings
Portfolio Pulse from Benzinga Insights
UiPath (NYSE:PATH) reported Q1 earnings with an EPS of $0.11, beating estimates by 450.0%. Revenue increased by $44.52 million compared to the same period last year. The company has a history of beating earnings estimates, which has led to share price increases.
May 24, 2023 | 9:50 pm
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UiPath reported Q1 earnings with a 450.0% beat on EPS estimates, and a $44.52 million YoY revenue increase. The company has a history of beating earnings estimates, leading to share price increases.
UiPath's Q1 earnings beat estimates by a significant margin, with an EPS of $0.11 compared to the estimated $0.02. This is a positive signal for investors, as the company has a history of beating earnings estimates, which has led to share price increases in the past. The revenue increase of $44.52 million compared to the same period last year also indicates strong growth, further supporting a positive short-term impact on the stock price.
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