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UiPath (PATH) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended January 2023, UiPath (PATH - Free Report) reported revenue of $308.55 million, up 6.5% over the same period last year. EPS came in at $0.15, compared to $0.05 in the year-ago quarter.
The reported revenue represents a surprise of +10.93% over the Zacks Consensus Estimate of $278.14 million. With the consensus EPS estimate being $0.07, the EPS surprise was +114.29%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how UiPath performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net New ARR: $93.80 million versus the three-analyst average estimate of $65.13 million.
ARR: $1.20 billion versus $1.18 billion estimated by three analysts on average.
Revenue - Licenses: $158.96 million compared to the $133.62 million average estimate based on five analysts. The reported number represents a change of -8.7% year over year.
Revenue - Maintenance and support (Subscription services): $138.51 million versus $130.84 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +33.3% change.
Revenue - Professional Services and other: $11.07 million versus $13.62 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -5.3% change.
Shares of UiPath have returned -10.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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UiPath (PATH) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended January 2023, UiPath (PATH - Free Report) reported revenue of $308.55 million, up 6.5% over the same period last year. EPS came in at $0.15, compared to $0.05 in the year-ago quarter.
The reported revenue represents a surprise of +10.93% over the Zacks Consensus Estimate of $278.14 million. With the consensus EPS estimate being $0.07, the EPS surprise was +114.29%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how UiPath performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for UiPath here>>>
Shares of UiPath have returned -10.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.