UiPath Jumped Nearly 6% in Premarket Trading After Reporting Strong Financial Results and $500 Million Buyback

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UiPath Jumped Nearly 6% in Premarket Trading After Reporting Strong Financial Results and $500 Million Buyback

Tiger Newspress2023-09-07

UiPath jumped nearly 6% in premarket trading.

For the third quarter, the company forecast revenue between $313 million and $318 million, and for the year, revenue between $1.27 billion and $1.28 billion.

The company backed up that optimism with an authorization to buy back up to $500 million in shares.

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