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UiPath shares plunge 16% despite revenue beat and higher forecast

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  • UiPath shares dropped more than 16% after fiscal 2027 second-quarter results were released.
  • Revenue reached $410.3 million, while billings totaled $375.5 million, slightly below expectations.
  • UiPath raised its fiscal 2027 revenue forecast to $1.789 billion-$1.794 billion.
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