: UiPath earnings top Wall Street view, forecast less so


UiPath Inc. shares rose in the extended session Wednesday after some initial volatility after the AI startup beat on earnings and announced share buybacks amid a conservative forecast.

UiPath PATH shares, which had initially declined as much as 2%, rallied more than 6% after hours. Having finished the regular session down 0.3% at close at $16.22, UiPath shares are up 27.6% year to date, compared with a 16.3% gain by the S&P 500 index SPX, and a 32.5% rise by the tech-heavy Nasdaq Composite COMP.


This article was originally published by Marketwatch.com. Read the original article here.

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