UiPath Inc reports results for the quarter ended April 30 - Earnings Summary

• UiPath Inc PATH.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 8 cents to 12 cents per share.

• Revenue rose 6.4% to $356.62 million from a year ago; analysts expected $332.87 million.

• UiPath Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $22.56 million.

• UiPath Inc shares had risen by 25.6% this quarter and gained 1.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 19 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for UiPath Inc is $12.00

This summary was machine generated from LSEG data May 29 at 09:00 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)