News Formal

UiPath earnings top Wall Street view, forecast less so

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

UiPath Inc. shares initially fell under pressure in the extended session Wednesday after the AI startup’s forecast overshadowed its earnings beat. UiPath...

UiPath Inc.

shares initially fell under pressure in the extended session Wednesday after the AI startup’s forecast overshadowed its earnings beat. UiPath shares declined as much as 2%, but were last up 4.5%, following a 0.3% rise to close the regular session at $16.22. The company reported a second-quarter loss of $60.4 million, or 11 cents a share, compared with a loss of $120.4 million, or 22 cents a share, in the year-ago period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch these stocks ahead of a historically weak September on Wall StreetThese stocks have historically outperformed overall market weakness in September trading.
Source: CNBC - 🏆 12. / 72 Read more »

Business Highlights: UAW clashes with Big 3 automakers as strike deadline looms; Wall Street slipsBusiness Highlights: A summary of the day’s top stories in the business world.
Source: AP - 🏆 728. / 51 Read more »