Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Adam Eckert

Why UiPath Stock Is Rising

UiPath Inc (NYSE:PATH) shares are trading higher Thursday after the company reported better-than-expected financial results and issued guidance above analyst estimates.

UiPath said first-quarter revenue increased 32% year-over-year to $245.1 million, which beat the estimate of $225.26 million, according to data from Benzinga Pro. The company reported a quarterly loss of 3 cents per share, which beat the estimate for a loss of 5 cents per share.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.