from24/7 Wall St.
1 week agoUiPath Stock Sinks 6% - But It Could Still Be the Next Palantir
Revenue came in at $411 million, up 15.9% year-over-year, beating the consensus estimate of $392.87 million. Non-GAAP EPS of $0.16 beat the $0.146 estimate. The profitability story is what stands out. UiPath posted GAAP operating income of $13 million, compared to a loss of $43 million in the same quarter last year. Non-GAAP operating income nearly doubled to $88 million, with non-GAAP operating margin expanding to 21% from 14% a year ago.
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