UiPath Q2 Adj. EPS $0.09 Beats $0.03 Estimate, Sales $287.00M Beat $282.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
UiPath (NYSE:PATH) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.03 by 200 percent. This is a 550 percent increase over losses from the same period last year. The company also reported quarterly sales of $287.00 million, beating the analyst consensus estimate of $282.14 million by 1.72 percent, a 18.49 percent increase over sales from the same period last year.
September 06, 2023 | 8:11 pm
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POSITIVE IMPACT
UiPath's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could positively impact the company's stock price in the short term.
UiPath's Q2 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This positive financial news is likely to increase investor confidence and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100