UiPath: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
UiPath (NYSE:PATH) reported Q4 earnings with a 38.0% beat on estimated EPS, reporting $0.22 versus an estimate of $0.16. Revenue increased by $96.70 million from the same period last year. The company has a history of beating EPS estimates, leading to a share price increase of 27.0% the day after last quarter's earnings were announced.
March 13, 2024 | 8:25 pm
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UiPath reported a significant beat on Q4 earnings and a notable increase in revenue, continuing its trend of surpassing EPS estimates.
UiPath's consistent performance in beating EPS estimates and its significant revenue growth are likely to positively impact investor sentiment and potentially lead to an increase in stock price, similar to the 27% increase observed after last quarter's earnings announcement.
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