UiPath swings to profit on agentic AI momentum, but investors remain cautious on guidance
UiPath returned to profitability in Q1 with $418.4 million in revenue, up 17% year-over-year, driven by strong demand for agentic AI and orchestration tools. CEO Daniel Dines argues that deterministic automation remains essential alongside AI agents, citing architectural and economic advantages. Despite the progress, investors reacted negatively to modest forward guidance, sending shares down 3%.