UiPath (PATH) Soars On Earnings Beat

UiPath (PATH) earnings were released Wednesday, March 15. George Tsilis joins Alex Coffey and Jenny Horne to discuss PATH. He talks about how PATH's revenue came in at $305.55M versus an estimated $278.14M and its 4Q adjusted EPS came in at $0.15 versus an estimated $0.07. He mentions that Needham reiterates its buy on PATH and maintains its $20 price target. He goes over how closed sourced AI could be seeing higher demand and how PATH is a growth company but it’s just not growing at a reasonable rate. Tune in to find out more about the stock market today.