UiPath stock is crashing after posting earnings, CEO resigns

Julie Hyman News

UiPath stock is crashing after posting earnings, CEO resigns
Stock CrashesDaniel DinesCEO Rob Enslin
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 63%

Robotics and automation software developer UiPath (PATH) is taking a beating as its stock crashes by over 30% after reporting weak second-quarter guidance...

) is taking a beating as its stock crashes by over 30% after reporting weak second-quarter guidance and CEO Rob Enslin resigns. Enslin will be succeeded by UiPath's co-founder and executive chairman Daniel Dines .Checking in on some of today's top trending tickers U I pa sinking today as the software company issued some weaker than expected revenue guidance for the second quarter.Company also announced an executive shake up as Co Rob Enslin is resigning effective June 1st.

So a big cut says this is a multi quarter process in terms of realigning sales comp and getting back to just steadier ground. And I think, you know, the theme that, that we see emerging today in the companies that we are talking about, whether it's a sales force, whether it's Octa is this idea around discipline, around spending from companies.

This 26-Year-Old Woman Dumped Her Boyfriend Mid-Trip After He Insulted Her Looks — Now, His Family Is Demanding She Pay For His Flight Home The sounds of drilling, sawing, banging, yelling and smashing at 4 a.m. reverberate through the wall separating Samantha McArthur's bedroom from her next-door neighbours' home. This early May 17 morning is like many others in the past year and a half — the noise and vibrations emanating from the middle Hess Street North row house for hours makes it impossible for McArthur, and her neighbour Patrick Flynn, to sleep.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Stock Crashes Daniel Dines CEO Rob Enslin Software Developer Executive Chairman Uipath Josh Lipton Market Domination

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYCB stock surges, CEO says path to profitability in sightNYCB stock surges, CEO says path to profitability in sightShares of New York Community Bancorp (NYCB) are surging in Wednesday's pre-market trading session as CEO Joseph Otting claimed that the company has a 'clear ...
Read more »

NYCB CEO predicts a 'clear path to profitability' after disclosing first-quarter lossNYCB CEO predicts a 'clear path to profitability' after disclosing first-quarter lossTroubled regional lender New York Community Bancorp lost $327 million in the first quarter, but its stock soared as the CEO promised a 'clear path to...
Read more »

Gildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's returnGildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's returnThe CEO and board of directors at Gildan Activewear Inc. have resigned ahead of the company's annual meeting on Tuesday, paving the way for the company's co-founder to return as chief executive.
Read more »

Gildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's returnGildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's returnThe CEO and board of directors at Gildan Activewear Inc. have resigned ahead of the company's annual meeting on Tuesday, paving the way for the company's co-...
Read more »

Hecla CEO Phillips Baker retires, interim CEO appointedHecla CEO Phillips Baker retires, interim CEO appointedThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Amazon opens robotics warehouse in Calgary that comes with 1,500 jobsAmazon opens robotics warehouse in Calgary that comes with 1,500 jobsAmazon Friday opened it's YYC4 Fulfillment Centre with a ribbon cutting ceremony. The state-of-the-art warehouse features AI technology, robotics and 1500 new jobs.
Read more »



Render Time: 2025-02-13 19:32:03