UiPath gains as Q3 revenue exceeds expectations

UiPath

30/11/2023 21:45

** Shares of automation software company UiPath  PATH.N 
extend gains in extended trading, rising 10.5% to $21.98 after
reporting Q3 results
    ** Co forecasts Q4 revenue between $381 mln and $386 mln vs
est. of $383 mln - LSEG data
    ** Reports Q3 revenue of $326 mln, vs. est. of $315.6 mln -
LSEG data
    ** Eight of 22 brokerages rate the stock "buy", 13 "hold";
their median PT is $19
    ** Up to Thursday's close, stock had risen 55.47% YTD

 (Reporting by Seher Dareen in Bengaluru)
 ((Seher.Dareen@thomsonreuters.com;))