UiPath Inc. (PATH) Tops Q3 EPS by 9c, Offers Guidance

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UiPath Reports Third Quarter Fiscal 2023 Financial Results

December 1, 2022 4:10 PM EST

ARR grew 36 percent year-over-year reaching $1.110 billion driven by net new ARR of $67 million

NEW YORK--(BUSINESS WIRE)-- UiPath, Inc. (NYSE: PATH), a leading enterprise automation software company, today announced financial results for its third quarter fiscal 2023 ended October 31, 2022.

We are pleased with our third quarter fiscal 2023 results as ARR grew 36 percent year-over-year and we delivered meaningful non-GAAP operating margin expansion, said Rob Enslin, UiPath Co-Chief Executive Officer. Our new go-to-market initiatives are driving results and resonating with customers. We closed several notable third quarter deals using this... More