UiPath Stocks is Falling After Earnings and the Company Is Boosting Its Buyback Plan
PATHUiPath(PATH) Investopedia·2024-09-06 22:36

Key Takeaways UiPath beat profit and sales estimates on increasing demand for its artificial intelligence automation products. The software provider raised its full-year sales and annual recurring revenue forecasts, though to levels near Wall Street's expectations. UiPath increased its stock buyback program by $500 million. Its shares have fallen this year. UiPath (PATH) shares slipped Friday, handing back early morning gains, even as the enterprise automation and artificial intelligence (AI) software provi ...