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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.

Rhea-AI Summary
UiPath and Teradata partner to streamline data operations and boost time-to-value through automation and analytics. The partnership aims to drive positive impact on ESG initiatives and unlock data for actionable analysis. Teradata brings analytic capabilities while UiPath offers a comprehensive platform for AI-powered automation. The collaboration can reduce costs and time to market by utilizing Teradata data in automation workflows, collecting data from hard-to-access sources, automating data quality and enrichment activities, and simplifying data ingestion and maintenance.
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UiPath announces Q2 2024 financial results with revenue of $287M, a 19% YoY increase, and ARR of $1.308B, a 25% YoY increase. Cash flow from operations reaches $44M and non-GAAP adjusted free cash flow reaches $47M. The company also announces a $500M stock repurchase program. Financial outlook for Q3 2024 includes revenue in the range of $313M to $318M and ARR in the range of $1.359B to $1.364B. For the full year 2024, revenue is expected to be in the range of $1.273B to $1.278B, with ARR in the range of $1.432B to $1.437B. UiPath receives industry recognition and announces partnerships to expand cloud-based automation.
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UiPath announces new Google Cloud connector for AI automation, allowing integration of generative text and chat completion into automations.
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UiPath earns HITRUST Risk-based, 2-year (r2) Certification for information security, demonstrating regulatory compliance and risk management.
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UiPath (PATH) Named Leader in Everest Group Task Mining Products PEAK Matrix® Assessment 2023, Experiences 150% Year-Over-Year Growth in Task Mining Clients
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UiPath has been positioned by Gartner as a Leader in the 2023 Magic Quadrant for Robotic Process Automation. They were named a Leader for the fifth year in a row and were positioned highest for Ability to Execute. UiPath is dedicated to empowering their global customers and is investing in AI-powered automation.
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UiPath (NYSE: PATH) announces 'Project Wingman', its latest AI updates, at Ai4 2023 Conference in Las Vegas. The project enables users to create powerful automations from natural language prompts, enhancing business productivity and customer experiences.
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UiPath releases its Fiscal Year 2023 Impact Report, highlighting its ESG approach and milestones achieved. The report includes a materiality assessment and a comprehensive greenhouse gas inventory.
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FAQ

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

The current stock price of UiPath (PATH) is $13.13 as of December 24, 2024.

What is the market cap of UiPath (PATH)?

The market cap of UiPath (PATH) is approximately 7.2B.

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

7.22B
432.65M
7%
65.11%
4.95%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
NEW YORK