"UiPath Surprises with Q4 2024 Earnings Beat, Stock Jumps"

UiPath Inc. held its Q4 2024 earnings call, reporting a strong close to the fiscal year with record quarterly revenue of $405 million, up 31% year-over-year, and a total ARR of $1.46 billion, an increase of 22% year-over-year. The company also achieved its first quarter of GAAP profitability as a public company and plans to make strategic investments in technology and go-to-market resources to drive growth and profitability in fiscal year 2025. Key highlights include the company's cloud-first approach driving adoption, strong customer retention rates, and the expansion of its platform across various industries and regions.