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aaahua
2021-12-09

Another victim of market sentiments and shortlist heaven.

UiPath stock dropped more than 4% in premarket trading

UiPath stock dropped more than 4% in premarket trading even as the “software robots” provider’s quar

UiPath stock dropped more than 4% in premarket trading

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Adjusted earnings, which exclude stock-based compensation expenses and other items, were break-even a share, compared with a loss of 4 cents a share in the year-ago period.</p>\n<p>Revenue rose to $220.8 million from $147.3 million in the year-ago quarter. The company’s annualized renewal run rate, or ARR, rose 58% to $818.4 million from a year ago. ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p>\n<p>Analysts surveyed by FactSet had forecast a loss of 4 cents a share on revenue of $208.3 million and an ARR of $797.9 million, based on UiPath’s forecast revenue of $207 million to $209 million and ARR of $796 million to $798 million for the third quarter.</p>\n<p>UiPath forecast revenue of $281 million to $283 million and ARR of $901 million to $903 million for the fourth quarter, while analysts expect revenue of $281.5 million and ARR of $880.3 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164348405","content_text":"UiPath stock dropped more than 4% in premarket trading even as the “software robots” provider’s quarterly results topped Wall Street expectations.\n\nThe company reported a third-quarter loss of $122.8 million, or 23 cents a share, compared with a loss of $70.8 million, or 41 cents a share, in the year-ago period. 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UiPath stock dropped more than 4% in premarket trading

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