UiPath Inc. stock rose sharply in after-hours trading Wednesday after the company's fourth-quarter results and outlook exceeded Wall Street's expectations.
UiPath Inc. stock rose sharply in after-hours trading Wednesday after the company’s fourth-quarter results and outlook exceeded Wall Street’s expectations.
The automation-software company reported a fourth-quarter net loss... UiPath Inc. stock rose sharply in after-hours trading Wednesday after the company’s fourth-quarter results and outlook exceeded Wall Street’s expectations. The automation-software company reported a fourth-quarter net loss of $27.7 million, or 5 cents a share, compared with $63.1 million, or 12 cents a share, in the year-ago period. Adjusted for stock-based compensation, restructuring and other costs, earnings were 15 cents a share.
Analysts surveyed by FactSet had forecast adjusted earnings of 7 cents a share on revenue of $278.6 million.
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