UiPath Inc reports results for the quarter ended January 31 - Earnings Summary

• UiPath Inc PATH.N reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of twenty analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 17 cents to 30 cents per share.

• Revenue rose 4.5% to $423.65 million from a year ago; analysts expected $425.36 million.

• UiPath Inc's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $51.79 million.

• UiPath Inc shares had fallen by 7.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 21 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for UiPath Inc is $16.00

This summary was machine generated from LSEG data March 12 at 09:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)