UiPath Inc. (NYSE:PATH) rose 5% Friday after reporting fiscal second-quarter results that beat Wall Street expectations and raising its full-year guidance, driven by enterprise adoption of its agentic automation platform.
For the quarter ended July 31, UiPath posted adjusted EPS of $0.15, above consensus of $0.09. Revenue was $361.7 million, up 14% year-over-year and ahead of the $347.4 million estimate. ARR increased 11% to $1.723 billion, while net new ARR was $31 million. Non-GAAP operating income reached $62 million, and free cash flow was $45 million.
Looking ahead, UiPath guided Q3 revenue of $390–$395 million, above consensus of $384.6 million. FY revenue was forecast at $1.571–$1.576 billion, also above Street estimates.
