UiPath Beats Q4 Estimates Again; Stock Lags Market in 2023 Despite Earnings Wins

• UiPath (PATH) Q4 earnings and revenues beat estimates, with EPS of $0.22 vs $0.15 expected and revenues of $405.25M vs $383.23M expected.

• UiPath earnings have surpassed consensus estimates in each of the last 4 quarters.

• UiPath stock has underperformed the S&P 500 so far in 2023, down 0.8% vs up 8.5% for the S&P.

• For the coming quarter, UiPath is expected to post EPS of $0.10 on revenues of $338.87M.

• Fathom Holdings (FTHM), another technology services stock, reports Q4 results on March 14th and is expected to post lower year-over-year revenues.