RTTNews | Jun 10, 2021 01:17PM EDT

13:16 Thursday, June 10, 2021 (RTTNews.com) - UiPath Inc. (PATH) shares are up by 7% on Thursday morning. The company on Tuesday released its first financial results as a public company.

Currently, the shares are trading hands at $72.76, up 5.72% or $3.76 better than $68.71 when the market closed on Wednesday. The market opened at $67.75 and in the 52-week period, the shares have traded between $61.50 and $90.00.

The company reported a loss of $239.7 million, or $1.11 per share with a revenue of $186.2 million. For the second quarter, the company is predicting revenues in the range of $180 million to $185 million.

The company raised $1.3 billion after issuing its initial public offering and went public in April 2021.

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