Automation software company UiPath’s stock surged by more than 26% on Friday following news that the company beat Wall Street’s earnings expectations.
UiPath reportedly pulled in $0.12 in earnings per share during its third financial quarter, up from analysts’ $0.07 predictions.
The company also brought in $325.9 million in revenue in Q3 compared to Wall Street’s $315.6 million estimates.
As a result of the earnings beat, UiPath upped its fourth-quarter and full-year guidance.
