![]() Dow Jones Futures, Nasdaq Futures and S&P 500 Futures) and world markets indices. Last month, Bank of America noted that UiPath's ( PATH) layoffs were part of a trend that more white collar workers are losing their jobs than blue collar workers. About Premarket Trading Here you can find premarket quotes for relevant stock market futures (e.g. What Happened: The Fort Lauderdale, Florida-based Bitcoin miner reported late Thursday that it recorded a loss of 686.7 million or 6.05 per share for the fourth quarter of 2022, much wider than. For the full-year, UiPath ( PATH), expects revenue to be between $1.253B and $1.258B, with adjusted operating income of approximately $120M. Looking to the first-quarter of fiscal 2024, UiPath ( PATH) expects revenue to be between $270M and $272M, topping the $269.55M analysts were expecting. ![]() Analysts were expecting adjusted earnings of 7 cents per share on $278.69M in revenue. "Given the conservatism in the guidance around macro and sales force realignment, we think risk is skewed to the upside," Crane added.įor the fourth-quarter, UiPath ( PATH) earned an adjusted 15 cents per share as revenue rose 6.5% year-over-year to $308.5M. "When we look at PATH's revenue scale, product set, and target market, we fundamentally see more opportunity on the horizon than in the rear view," Crane wrote in an investor note, adding the company's business is likely to become a "rule of 30" candidate next year. ![]() Pre-Market Stock Quote Data Nasdaq Skip to main content Market Activity Market Activity-> Stocks Options Funds + ETFs. UiPath ( NYSE: PATH) shares soared more than 15% in premarket trading on Thursday as investment firm Canaccord Genuity Capital Markets upgraded the automation software company after it reported strong fourth-quarter results and guidance.Īnalyst Kingsley Crane moved the firm's rating on UiPath ( PATH ) shares to buy from hold and raised the per-share price target to $19 from $14.50, noting the company has made "significant strides" since co-CEO Rob Enslin took over last year, as the company has realigned its sales force, introduced differentiated technology and has recast its platform as a business automation platform instead of focusing on robotic process automation. Get the latest pre-market stock market quote data from Nasdaq. Blue Planet Studio/iStock via Getty Images
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