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UiPath, Inc. - PATH STOCK NEWS

Welcome to our dedicated page for UiPath news (Ticker: PATH), a resource for investors and traders seeking the latest updates and insights on UiPath stock.

UiPath, Inc. (symbol: PATH) is a leading global software company specializing in robotic process automation (RPA). Founded in Bucharest, Romania, and now headquartered in New York City, UiPath creates advanced software solutions designed to automate repetitive tasks across various business functions. These tasks often involve user interactions with other business software such as customer relationship management (CRM) or enterprise resource planning (ERP) systems.

At the heart of UiPath's offerings is an end-to-end automation platform that enables user emulation. This platform is versatile, allowing employees at all levels within an organization to streamline both simple and complex business processes. UiPath's software is particularly valuable for automating front and back-office operations, leading to increased efficiency and reduced operational costs.

UiPath's revenue model is diverse, including the sale of licenses for its proprietary software, maintenance and support services, access to its hosted software products (SaaS), and professional services. The company generates most of its revenues from the Americas, followed by the Europe, Middle East, and Africa (EMEA) region, and the Asia-Pacific (APAC) region.

Recent achievements for UiPath include significant advancements in AI-driven automation technologies and robust financial performance. The company's innovative solutions have garnered partnerships with major enterprises across various industries, further solidifying its position as a market leader in RPA.

For the latest updates, financial performance insights, and news on UiPath, visit StockTitan regularly.

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UiPath (PATH) announces new features at DevCon 2024 event to empower developers with AI-powered automation. The company focuses on infusing Generative AI across all products to enhance automation capabilities.
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UiPath (PATH) and Deloitte deepen their strategic alliance with the launch of Smart Finance for Growth Companies, enhancing automation capabilities for finance teams.
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UiPath, Inc. (PATH) to Report Q4 and Full Year Fiscal 2024 Financial Results on March 13, 2024
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Deloitte and UiPath (NYSE: PATH) have expanded their alliance to bring AI-powered Intelligent Automation solutions to SAP implementations and operations. This collaboration aims to develop innovative AI-led delivery methodology and new solutions for autonomous business operations, accelerating their joint clients' SAP S/4HANA® transformation goals.
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UiPath (NYSE: PATH) announced the appointment of Pradeep Kumar as Senior Vice President of Services and Customer Success. Kumar, a veteran technology executive, will drive customer experience and support AI-powered digital transformation. With a background in leading HPE Services at Hewlett-Packard Enterprise, Kumar aims to enable customer success and execution of digital transformation goals with the UiPath Business Automation Platform.
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UiPath, Inc. (NYSE: PATH) will participate in the 26th Annual Needham Growth Conference. Co-CEO Rob Enslin will join a fireside chat on January 17th. The presentation will be available via live audio webcast and archived replay on the Company's website.
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UiPath (PATH) appoints Rob Enslin and June Yang to its Board of Directors, effective February 1, 2024. Enslin will assume the role of CEO on Feb. 1, 2024, bringing his leadership experience from Google Cloud and SAP. Yang, with a proven track record in corporate management and emerging technologies, joins with extensive experience at Google Cloud, VMware, and Oracle. The company aims to leverage their expertise to accelerate market leadership and deliver long-term shareholder value.
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UiPath, Inc. (NYSE: PATH) reports a 24% year-over-year increase in revenue, reaching $326 million, and a 24% increase in ARR to $1.378 billion for the third quarter fiscal 2024. Cash flow from operations hits $42 million and non-GAAP adjusted free cash flow reaches $44 million. UiPath Co-Chief Executive Officer, Rob Enslin, expresses satisfaction with the strong results, attributing the growth to the team's execution and the transformative impact of their solutions on digital transformation.
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UiPath, Inc. (NYSE: PATH) CFO to Participate in Fireside Chat at Barclays Global Technology Conference
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UiPath (NYSE: PATH) named Leader in IDC MarketScape for Intelligent Document Processing 2023-2024. AI technologies such as OCR, computer vision, NLP, and machine/deep learning are examined. Matt Arcaro praises UiPath's strides in building and scaling IDP capabilities. UiPath's AI capabilities include Document Understanding, Communications Mining, Generative AI and ML Connectors, AI Computer Vision, and Clipboard AI.
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FAQ

What is the current stock price of UiPath (PATH)?

The current stock price of UiPath (PATH) is $12.88 as of December 28, 2024.

What is the market cap of UiPath (PATH)?

The market cap of UiPath (PATH) is approximately 7.1B.

What does UiPath, Inc. specialize in?

UiPath, Inc. specializes in robotic process automation (RPA) software.

Where was UiPath founded?

UiPath was founded in Bucharest, Romania.

Where is UiPath's headquarters?

UiPath's headquarters are located in New York City.

What is the core function of UiPath's software?

UiPath's software automates repetitive front and back-office tasks, often involving other business software like CRM or ERP systems.

How does UiPath generate its revenue?

UiPath generates revenue through license sales, maintenance and support services, SaaS access, and professional services.

Which regions contribute most to UiPath's revenue?

The Americas contribute the most, followed by EMEA and APAC regions.

What industries does UiPath serve?

UiPath serves a wide range of industries by providing automation solutions for various business processes.

What are some recent achievements of UiPath?

Recent achievements include advancements in AI-driven automation technologies and strong financial performance.

How can I stay updated on UiPath's latest news?

You can stay updated by visiting StockTitan regularly for the latest news and updates on UiPath.

What makes UiPath's platform unique?

UiPath's platform is unique due to its comprehensive end-to-end automation capabilities, allowing it to address both simple and complex tasks within an organization.

UiPath, Inc.

NYSE:PATH

PATH Rankings

PATH Stock Data

7.08B
432.65M
7%
65.11%
4.95%
Software - Infrastructure
Services-prepackaged Software
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United States of America
NEW YORK