earnings
confidence high
sentiment positive
materiality 0.85
UiPath Q1 FY2023 ARR $977M (+50% YoY); raises FY guidance; appoints Robert Enslin as Co-CEO
UiPath, Inc.
2023-Q1 EPS reported
-$0.23
revenue$245,066,000
- Revenue $245.1M (+32% YoY); ARR $977.1M (+50% YoY) with net new ARR $51.8M.
- Dollar-based net retention 138%; GAAP gross margin 82%; non-GAAP 85%.
- Q2 FY2023 guidance: revenue $229-231M, ARR $1,040-1,042M; full-year revenue raised to $1,085-1,090M, non-GAAP op income $10-15M.
- Appointed Robert Enslin as Co-CEO alongside founder Daniel Dines.
- Cash and securities $1.8B; non-GAAP adjusted free cash flow negative $53.8M.