UiPath Sees Q3 Revenue $345M-$350M Vs $347.24M Est.; FY25 Revenue $1.42B-$1.425B Vs $1.41B Est.
Portfolio Pulse from Benzinga Newsdesk
UiPath has provided its financial outlook for Q3 and FY25, with revenue expectations slightly above estimates. The company anticipates Q3 revenue between $345M-$350M and FY25 revenue between $1.42B-$1.425B, both slightly above analyst estimates. Non-GAAP operating income is expected to be $27M for Q3 and $170M for FY25.
September 05, 2024 | 8:12 pm
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UiPath's Q3 and FY25 revenue projections are slightly above analyst estimates, indicating potential positive sentiment. The company expects Q3 revenue of $345M-$350M and FY25 revenue of $1.42B-$1.425B, with non-GAAP operating income of $27M for Q3 and $170M for FY25.
UiPath's revenue guidance for both Q3 and FY25 exceeds analyst expectations, which is generally a positive indicator for the stock price. The non-GAAP operating income projections also suggest strong operational performance. This news is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100