
$ASAN (Asana) reported Q4 earnings with revenue reaching $171.1M, up 14% y/y. Gross margin was around 90%. Customers with $5K+ ARR increased by 11% y/y to 21,646, and those with $100K+ ARR grew by 20% y/y to 607. Q1 revenue is expected to be at least $168M, up 10% y/y. On the other hand, $PATH (UiPath) announced its Q4 earnings with revenue of $405.3M, a 31% y/y increase, and $1.464B in ARR, a 22% y/y rise. They achieved their first quarter of GAAP profitability as a public company. Analysts had estimated $383.83M in revenue and $0.16 in earnings per share for UiPath.
UiPath delivers a surprise profit, and its stock is getting a boost https://t.co/EXSDBtRTPm
$PATH | UiPath Q4 Earnings: - Adj EPS $0.22 (Est. $0.16) - Sales $405.253M (Est. $383.826M) - Sees Q1 2025 Revenue $330M-$335M (Est. $347.851M) - Sees FY25 Revenue $1.555B-$1.560B (Est. $1.531B) https://t.co/Dgigw9b0iH
Our quarterly business update: 4Q ‘2024 revenue of $405.3M, up 31% year-over-year, with $1.464B in ARR, an increase of 22% year-over-year. UiPath achieves first quarter of GAAP profitability as a public company. Read more in our full earnings release:
