UiPath Q1 FY2024 revenue $290M (+18% YoY); ARR $1.25B (+28%); raises FY profitability outlook

UiPath, Inc.

2024-Q1 EPS reported -$0.06 revenue$289,588,000

Revenue $289.6M (+18% YoY); ARR $1.249B (+28% YoY); net new ARR $45M.
Non-GAAP operating income $48.2M vs GAAP operating loss ($46.4M); cash from ops $67.3M.
Q2 FY2024 guidance: revenue $279-284M; ARR $1.301-1.306B; non-GAAP op income ~$10M.
Full-year FY2024 guidance: revenue $1.267-1.272B; non-GAAP op income raised to ~$168M.
Announced new AI capabilities, partnerships with SAP, T-Systems, Amazon SageMaker, Amelia, Snowflake.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UiPath, Inc. reported first quarter fiscal 2024 results: revenue $289.6 million. Guidance raised.

Period: first quarter fiscal 2024
Revenue: $289.6 million
Guidance: raised
Result: reported results

Exact text from the filing

herein by reference. The information contained in this Item 2.02 and --- EX-99.1 (EX-99.1) --- UiPath Reports First Quarter Fiscal 2024 Financial Results Revenue of $290 million increases 18 percent year over year ARR of $1.249 billion increases 28 percent year over year Cash flow from operations reaches $67 million and non-GAAP adjusted free cash flow

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Source: SEC EDGAR

accession 0001734722-23-000041

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