UiPath Q3 Adj EPS $0.12 Beats $0.07 Estimate, Sales $325.92M Beat $315.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
UiPath (NYSE:PATH) exceeded Q3 earnings and sales estimates with an adjusted EPS of $0.12, surpassing the $0.07 consensus, and a sales revenue of $325.92M, beating the $315.55M estimate. This represents a 140% increase in earnings and a 24.04% increase in sales compared to the same period last year.
November 30, 2023 | 9:12 pm
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POSITIVE IMPACT
UiPath reported a strong Q3 with adjusted EPS of $0.12, beating estimates by 71.43%, and sales of $325.92M, exceeding estimates by 3.29%. The company shows significant year-over-year growth in both earnings and sales.
The positive earnings and sales beat are likely to instill investor confidence and could lead to a short-term increase in stock price. The substantial year-over-year growth in both earnings and sales further solidifies the company's financial strength and may attract more investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100