UiPath, a company that specializes in enterprise automation and AI software, has purchased the AI platform Peak. Daniel Dines, the founder and CEO of UiPath, stated in a news release on March 13 that this acquisition will help enhance their strategy for vertical AI solutions.
UiPath Inc's stock price, represented by PATH, fell on Thursday after the company announced that its revenue for the fourth quarter was lower than expected.
On Thursday, shares of UiPath, Inc. (PATH) are experiencing a decline in value.
Shares of UiPath, a company that uses artificial intelligence for business automation, fell sharply today after it announced its revenue for the fourth quarter and sales predictions for the first quarter, which were lower than what Wall Street expected. The company's fiscal year 2025 concluded on January 31.
UiPath Inc (NYSE:PATH), a company that specializes in automation software, has seen its stock drop by 16.1% to $9.92. It even reached a new low of $9.50 after the company reported lower-than-expected revenue for the fourth quarter and provided disappointing forecasts for fiscal 2026.
A wave of agentic AI solutions is entering the business market, and a major automation company has just acquired a startup to expand its presence in this area. UiPath announced during its quarterly earnings report that it has bought Peak.ai, a Manchester-based startup that creates AI solutions for decision-making in areas like pricing and inventory management for retail and manufacturing companies.
UiPath, a top company in AI-based business automation, published its earnings report for the fourth quarter of fiscal 2025 on March 12, 2025.
UiPath Inc. (NYSE:PATH) will hold its Q4 2025 Earnings Conference Call on March 12, 2025, at 5:00 PM ET. The call will feature company representatives, including Allise Furlani, Daniel Dines, and Ashim Gupta, as well as analysts from various financial firms. Currently, all participants are in listen-only mode.
NEW YORK--(BUSINESS WIRE)--UiPath has announced that it is acquiring Peak to introduce specialized agents in its automation platform.
UiPath will release its Q4 earnings tomorrow. While revenue growth is anticipated to come from subscription services, the earnings forecast indicates a decline.