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UiPath’s Revenue Forecast Beats Expectations

UiPath’s full-year revenue forecast came ahead of estimates. The software company posted a 10% revenue growth and an upward revision to its recurring revenue forecast amid a CEO transition and job cuts. Ashim Gupta, UiPath CFO and COO, joins Ed Ludlow and Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to…

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UiPath’s full-year revenue forecast came ahead of estimates. The software company posted a 10% revenue growth and an upward revision to its recurring revenue forecast amid a CEO transition and job cuts. Ashim Gupta, UiPath CFO and COO, joins Ed Ludlow and Caroline Hyde to discuss on “Bloomberg Technology.”
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3 Comments

  1. @yashvashistha7804

    September 6, 2024 at 3:09 pm

    It’s Indians running companies in usa.

    Reply

  2. @np494609

    September 6, 2024 at 9:10 pm

    UiPath is not growing, their flagship product (RPA) is being rendered obsolete by AI. They’re a one trick pony, and sure they’re good at it, but I don’t see how they can consistently grow with that one product. Their stock has performed terribly over years, so my guess is they try to get acquired by one of the big platforms.

    Reply

  3. @JohnCorrUK

    September 7, 2024 at 7:25 am

    Not sure Ashim answered question as to why clients won’t switch to AI

    Reply

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