==UiPath (PATH) reported earnings on Wed 29 May 24 (a/h)

 

UiPath beats by $0.01, reports revs in-line; guides Q2 revs below consensus; guides FY25 revs below consensus; CEO departing

• Reports Q1 (Apr) earnings of $0.13 per share, excluding non-recurring items, $0.01 better than the FactSet Consensus of $0.12; revenues rose 15.7% year/year to $335.11 mln vs the $333.08 mln FactSet Consensus.
• Co issues downside guidance for Q2 (Jul), sees Q2 revs of $300-305 mln vs. $342.32 mln FactSet Consensus.
• Co issues lowered guidance for FY25 (Jan), sees FY25 revs of $1.405-1.410 bln (down from $1.555-1.560 bln) vs. $1.56 bln FactSet Consensus.
  • Co added, "During the first quarter we saw increased deal scrutiny and lengthening sales cycles for large multi-year deals. We have considered these factors, the current macroeconomic environment and our leadership transition in our updated guidance for the remainder of the year."
• Co announced Rob Enslin is resigning as Chief Executive Officer and member of the UiPath Board of Directors effective June 1, 2024. Daniel Dines, Founder and former CEO of UiPath, will be re-appointed CEO, also effective June 1, 2024. Dines currently serves as Chief Innovation Officer and Executive Chairman of the Board.

Earnings this week : May 27 - 31, 24 (wk 22)

Monday (May 27) : Memorial Day holiday

Tuesday (May 28)

• Morning: BZUN MOMO
• Afternoon: APPS  BOX CAVA HEI  OOMA

Wednesday (May 29)

• Morning: ANF AAP AEO  BMO  CHWY CMCO DKS
• Afternoon: A  AEO AI CDRO CPRI CRM HPQ NCNO NTNX OKTA PATH PSTG SSYS

Thursday (May 30) 

• Morning: BBY BIRK BURL CAL CBRL DG FL HRL KSS ROIV SPTN
• Afternoon: AMBA ASAN COO COST DELL ESTC GPS  HCP MRVL MDN NTAP JWN PD PHR S ULTA VEEV ZS

Friday (May 31)

• Morning: GCO
• Afternoon: FRO

==UiPath (PATH) reported earnings on Wed 6 Sep 23 (a/h)

 

UiPath beats by $0.05, beats on revs; guides Q3 revs below consensus; guides FY24 revs above consensus; authorizes $500 mln for repurchases

• Reports Q2 (Jul) earnings of $0.09 per share, excluding non-recurring items, $0.05 better than the FactSet Consensus of $0.04; revenues rose 18.6% year/year to $287.31 mln vs the $281.48 mln FactSet Consensus.
  • ARR of $1.308 billion increased 25 percent year-over-year.
  • Dollar based net retention rate of 121%.
• Co issues downside guidance for Q3, sees Q3 revs of $313-318 mln vs. $318.45 mln FactSet Consensus.
• Co issues upside guidance for FY24, sees FY24 revs of $1.273-1.278 bln, up from $1.267-1.272 bln, vs. $1.27 bln FactSet Consensus.
  • Expects ARR of $1.432-1.437 bln.
• Co also today announced that its Board of Directors has authorized the Company to repurchase up to an aggregate of $500 million of its Class A common stock