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.
Earnings
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.
Past Earnings Performance
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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