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PATH — UiPath News Story

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UiPath rises after Q3 revenue, profit top estimates

** Shares of software company UiPath PATH.N rise 9.5% to $16.28 premarket

** Q3 revenue of $411 mln beats analysts' expectations of $393 mln, according to data compiled by LSEG

** Q3 adj. EPS of 16 cents also beats estimates of 15 cents

** CEO Daniel Dines says enterprises accelerating AI and automation strategies are driving demand for co's unified platform

** At least two brokerages raised PT on stock post results

** Three of 22 brokerages rate the stock "buy", 18 "hold" and one "sell"; their median PT is $15- LSEG data

** Up to last close, stock up nearly 17% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com))

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