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UiPath announced that CEO Rob Enslin will resign effective June 1, 2024, and will be replaced by co-founder and former CEO Daniel Dines. The announcement has led to a significant market reaction, with UiPath shares plummeting over 30% in after-hours trading. This leadership change comes on the heels of UiPath's Q1 2025 earnings report, which showed an EPS of $0.13, slightly above the estimated $0.12, and revenue of $335.1 million, surpassing the estimated $333.88 million. Additionally, UiPath reported an Annual Recurring Revenue (ARR) of $1.508 billion, marking a 21% year-over-year increase. The company also reported an EPS (GAAP) of -$0.05 and strong cash flow.
📣 JUST IN: $PATH UiPath Shares Plummet 30% Following CEO Shakeup $AI $PLTR 👉 Key Highlights: 📍 UiPath shares plunged 30% after CEO Rob Enslin announced his resignation. 📍 Co-founder Daniel Dines will replace Enslin as CEO effective June 1. 📍 Enslin's resignation follows… https://t.co/J9GuARZO9a https://t.co/phWGzBtEIu
UiPath CEO Rob Enslin is resigning on June 1, to be replaced by co-founder Daniel Dines, who stepped down as co-CEO on January 31; PATH drops 30%+ after hours (CNBC) https://t.co/jJ3ap314K9 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/apzTtcnGdU
$PATH | Post Market: -30% | UiPath's Q1 2025 Earning Report: Revenue hits $335M, EPS (GAAP) -$0.05, ARR surpasses $1.5B, up 21%! Strong cash flow with $100M $PLTR $AI Financial Performance ➡️ Total Revenue: $335 million, up 16% year over year. ➡️ Annual Recurring Revenue… https://t.co/ZNkemN8X02