earnings
confidence high
sentiment neutral
materiality 0.75
UiPath Q2 FY2023 ARR surpasses $1B, revenue up 24% YoY; issues Q3 and full-year guidance
UiPath, Inc.
2023-Q2 EPS reported
-$0.45
revenue$487,288,000
- Revenue $242.2M (+24% YoY); ARR $1.043B (+44% YoY); net new ARR $66.2M.
- Dollar-based net retention rate 132%; GAAP gross margin 82%; cash & equivalents $1.7B.
- Q3 FY2023 guidance: revenue $243-245M; non-GAAP operating loss $(30)-(25)M.
- Full-year FY2023 outlook: revenue $1,002-1,007M; ARR target $1,153-1,158M.
- Acquired Re:infer (NLP); appointed Brigette McInnis-Day as Chief People Officer.