UiPath, Inc. (NYSE:PATH) posted its second-quarter financial results after Thursday’s closing bell. Here's a look at the details from the report.
The Details: UiPath reported quarterly earnings of four cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue of $316.25 million beat the analyst consensus estimate of $303.67 million and represents a 10.07% increase over the same period last year.
ARR of $1.551 billion increased 19% year-over-year
Net new ARR of $43 million
Dollar-based net retention rate of 115%
Non-GAAP gross margin was 83%
UiPath announced a $500 ...
