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Shares of @UiPath sink despite solid #earnings and #revenue beat https://t.co/8zxfj0zoTO @SiliconANGLE @Mike_Wheatley “The next quarter will also be a key indicator of whether or not UiPath is able to monetize the agentic AI trend, or if it still has work to...” - #Earnings https://t.co/JjKd4AS3zU
UiPath shares drop as Cathie Wood backed software developer holds guidance https://t.co/7A3imL89Pb
Shares of @UiPath sink despite solid #earnings and #revenue beat https://t.co/gIelHSDZX9 @SiliconANGLE @Mike_Wheatley “The next quarter will also be a key indicator of whether or not UiPath is able to monetize the agentic AI trend, or if it still has work to...” - @holgermu https://t.co/SoB0DVNjna
UiPath reported earnings that exceeded expectations by $0.04 and also surpassed revenue estimates. However, despite this positive performance, the company's shares declined following the announcement. Analysts have indicated that the upcoming quarter will be crucial for UiPath, as it will determine whether the company can effectively monetize the emerging agentic AI trend. The guidance for Q4 revenue was reported to be in line with expectations, yet market reactions suggest uncertainty about UiPath's future growth potential in this area. Notably, Cathie Wood's involvement with the software developer has drawn attention amid these developments.