Recap: UiPath Q1 Earnings

UiPath PATH reported its Q1 earnings results on Wednesday, May 24, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

UiPath beat estimated earnings by 450.0%, reporting an EPS of $0.11 versus an estimate of $0.02.

Revenue was up $44.52 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 17.62% increase in the share price the next day.

Here's a look at UiPath's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.06	-0.03	-0.11	-0.05
EPS Actual	0.15	0.05	-0.02	-0.03
Revenue Estimate	278.62M	248.51M	230.81M	225.26M
Revenue Actual	308.55M	262.74M	242.22M	245.07M

To track all earnings releases for UiPath visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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