UiPath (NYSE:PATH) posted strong first-quarter results, but its soft guidance led to a significant 30% drop in shares during pre-market today.

The company reported first-quarter earnings per share (EPS) of $0.13, slightly surpassing the analyst estimate of $0.12. Revenue for the quarter also exceeded expectations, totaling $335.1 million compared to the anticipated $333.88 million.

However, UiPath's guidance for the second-quarter revenue, projected to be between $300 million and $305 million, fell short of the Street estimate of $342.4 million.

For the full fiscal year 2025, UiPath expects revenues to range from $1.405 billion to $1.410 billion, significantly lower than the consensus estimate of $1.56 billion.