secwatch.observer — SEC 8-K summary
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Issuer:     UiPath, Inc. (PATH)
CIK:        0001734722
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001734722-24-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UiPath Q1 revenue $335M, ARR $1.508B; CEO resigns, founder returns; Q2 guidance $300-305M
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- Revenue $335M (+16% YoY); ARR $1.508B (+21% YoY); net new ARR $44M.
- GAAP operating loss -$49M; non-GAAP operating income $50M; cash from ops $100M.
- CEO Rob Enslin resigns effective June 1; founder Daniel Dines re-appointed CEO.
- Q2 FY25 revenue guidance $300-305M; FY25 revenue guidance $1.405-1.410B.
- Non-GAAP operating income guidance ~$145M for FY25; Q2 op income approx breakeven.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734722/000173472224000032/0001734722-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734722/000173472224000032/path-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001734722-24-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer