UiPath Stock Plummets Nearly 30% Following CEO Resignation and Lowered Revenue Outlook

Founder Daniel Dines returns as CEO as the company faces increased scrutiny over deal timings and sales cycles.

UiPath reports Q1 earnings of 13 cents per share, beating estimates.
Revenue for the quarter reaches $335 million, surpassing expectations.
Rob Enslin resigns as CEO, with founder Daniel Dines returning to the role.
Company lowers FY 2025 revenue outlook, sparking a nearly 30% drop in stock value.
Analysts downgrade UiPath amid concerns over leadership transition and future growth.