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UiPath | 8-K: UiPath Reports Second Quarter Fiscal 2025 Financial Results

SEC ·  Sep 6, 2024 04:28

Summary by Moomoo AI

UiPath delivered solid Q2 fiscal 2025 results with revenue reaching $316 million, up 10% YoY, while ARR grew 19% to $1.551 billion. The company reported non-GAAP operating income of $6 million and improved cash flow from operations to $46 million. Dollar-based net retention rate stood at 115%.The Board authorized an additional $500 million share repurchase program, bringing the total available repurchase authorization to $554 million. In a key leadership change, CFO Ashim Gupta will take on an expanded role as Chief Operating Officer while retaining his CFO responsibilities, effective September 5, 2024.Looking ahead, UiPath provided Q3 guidance with revenue expected between $345-350 million and ARR of $1.600-1.605 billion. For full fiscal 2025, the company raised its outlook, projecting revenue of $1.420-1.425 billion, ARR of $1.665-1.670 billion, and non-GAAP operating income of approximately $170 million.
UiPath delivered solid Q2 fiscal 2025 results with revenue reaching $316 million, up 10% YoY, while ARR grew 19% to $1.551 billion. The company reported non-GAAP operating income of $6 million and improved cash flow from operations to $46 million. Dollar-based net retention rate stood at 115%.The Board authorized an additional $500 million share repurchase program, bringing the total available repurchase authorization to $554 million. In a key leadership change, CFO Ashim Gupta will take on an expanded role as Chief Operating Officer while retaining his CFO responsibilities, effective September 5, 2024.Looking ahead, UiPath provided Q3 guidance with revenue expected between $345-350 million and ARR of $1.600-1.605 billion. For full fiscal 2025, the company raised its outlook, projecting revenue of $1.420-1.425 billion, ARR of $1.665-1.670 billion, and non-GAAP operating income of approximately $170 million.
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