UiPath beats Q4 revenue estimates; announces $500 mln buyback

Reuters
03/12
<a href="https://laohu8.com/S/PATH">UiPath</a> beats Q4 revenue estimates; announces $500 mln buyback

Overview

  • US agentic automation platform's fiscal Q4 revenue grew 14% yr/yr, beating analyst expectations

  • Company announced new $500 mln stock repurchase authorization after completing prior $1 bln program

Outlook

  • UiPath expects Q1 revenue between $395 mln and $400 mln

  • Company sees full-year revenue between $1.754 bln and $1.759 bln

  • UiPath expects full-year non-GAAP operating income of about $415 mln

Result Drivers

  • AI PLATFORM ADOPTION - Co said enterprise adoption of AI-driven automation contributed to revenue and ARR growth

Company press release: ID:nBw6TKP3Ga

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$481 mln

$464.49 mln (18 Analysts)

Q4 EPS

$0.19

Q4 Gross Margin

85%

Q4 Adjusted Gross Margin

86%

Q4 Adjusted Operating Income

$150 mln

Q4 ARR

$1.85 bln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 17 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy."

  • Wall Street's median 12-month price target for UiPath Inc is $16.00, about 38.1% above its March 10 closing price of $11.59

  • The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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