UiPath Inc Q1 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : Rob, maybe I'll start with you. Upselling the platform beyond RPA is clearly a big opportunity for you guys. And when we look at your growth in large customers, it seems like it's showing up there. Can you talk a little bit more about the success you're seeing there moving customers beyond RPA to the broader platform? And what does that do to ARR per customer?

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : Great. And maybe just, Ashim, following on Raimo's question on margins. Obviously, super impressive 9.5% to now 13% for the year. Just sort of curious, like when we think about that longer-term margin progression, how should we think about the cadence beyond this year, which has obviously been pretty dramatic this year so far?

Question: Arti Vula - JPMorgan Chase & Co, Research Division - Analyst : This is Arti on for Mark Murphy. I wanted to ask, is there a material portion of your pipeline where you look at it and you feel like you're being involved in generative AI and LLMs with external products. To be clear, I understand you guys have generative AI and LLM products, but specifically if you're kind of seeing any incremental pipeline with adoption of these kind of emerging LLMs? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 24, 2023 / 9:00PM, PATH.N - Q1 2024 UiPath Inc Earnings Call