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West Australian
05-05-2025
- West Australian
Geraldton business owner calls for more police, judicial review commission amid continued crime
A Geraldton business owner says something needs to be done about crime in Geraldton, calling on the local member and the State Government to intervene. On Tuesday night last week, a number of children were captured on CCTV footage outside Ocean Air on Chapman Road. The footage shows youths throwing objects at the shopfront, damaging a door and window. The vision received strong reaction from the community, with Ocean Air operations manager and former Liberal candidate for Geraldton Rob Dines surprised at the level of response. 'People contacting us in the street, at the sporting event, ring in the office here, private, messaging us online,' he said. 'This is a common occurrence, and Geraldton people are very familiar with this kind of property damage and vandalism and crime. 'People are just over it, they're really quite sick of it.' According to police, all the individuals involved were identified after the incident was reported to police, and were apprehended. 'Several of the offenders were under the age of criminal responsibility; we will be working with other agencies to raise concerns about the lack of supervision and ensure appropriate support measures are in place,' the statement read. 'One offender was of the age of criminal responsibility and has been dealt with through the judicial system. 'We acknowledge the frustration felt by many and remain committed to investigating crime and apprehending offenders, regardless of age. 'Our priority remains the safety and well-being of our community, and we will continue to work alongside relevant agencies to prevent future incidents.' Mr Dines believed increasing the police presence in Geraldton would help the city, saying it has been done temporarily through the State Government's Operation Regional Shield, which provided additional police resources during the summer. 'That was a really good move and a welcome move (for) all Geraldton people,' he said. 'I don't see why that level of police resourcing shouldn't be permanent. 'The visible presence of police is a definite deterrent.' Mr Dines also called for a judicial review commission to be implemented to hold magistrates accountable for their decisions. Police Minister Reece Whitby said he was committed to curbing this type of behaviour in Geraldton. 'Rest assured, police will continue to crack down on anti-social behaviour around shopping centres and retail precincts,' he said. 'We know the public is sick of this behaviour and that's why we have committed to strengthening the laws around bail and establishing a nation-leading program in Geraldton to divert young people away from a life of crime.' The State Government is undertaking the On Track to Thrive program in Geraldton to divert young children from being entrenched in the criminal justice system. Meanwhile, establishing a Judicial Commission in WA was a priority, according to the State Government, where legislation was being drafted as a priority. Geraldton MLA Kirrilee Warr said she was committed to raising issues like safety of the community to Parliament, and would continue to hold the relevant ministers to account.
Yahoo
13-03-2025
- Business
- Yahoo
UiPath Shares Drop Amid Weak Fiscal 2026 Outlook
UiPath (PATH, Financials) shares fell 13.8% to $10.19 as of 2:05 p.m. GMT-4 on Thursday, extending losses after the company issued cautious guidance for fiscal 2026, missing analysts expectations. Below analysts' projections of $1.58 billion, the supplier of automation software anticipated fiscal 2026 income between $1.525 billion and $1.53 billion. Comparatively to $1.66 billion at the end of fiscal 2025, which represents a 14% year-over-year growth, the business estimates Annual Recurring Revenue for the fiscal year to be between $1.816 billion and $1.821 stated income of $424 million for the fourth quarter, up 5% year over year. With net new ARR of $60 million added and adjusted profits per share of $0.26, the firm exceeded forecasts by $ the previous two weeks, CEO Daniel Dines said, "significant increase in macroeconomic volatility" has harmed consumer budgets. He also underlined as a further difficulty changes in foreign exchange. Dines said UiPath is keeping its agentic platform first priority and is approaching its fiscal 2026 projection further expand AI solutions, the firm recently revealed the purchase of Peak, a Manchester, UK-based AI-native startup. Peak's AI apps will be included into UiPath's platform in order to improve industry-specific solutions. This article first appeared on GuruFocus.
Yahoo
13-03-2025
- Business
- Yahoo
UiPath Hits Record Low as Weak Outlook Sparks Investor Sell-Off
UiPath (NYSE:PATH) shares sank 15.85% to $9.96 on Thursday, hitting a record low after the company's fiscal 2026 revenue forecast fell short of expectations. The automation software provider expects revenue between $1.525 billion and $1.53 billion, below analysts' estimates of $1.58 billion. Annual recurring revenue (ARR) is projected at $1.816 billion to $1.821 billion as of January 31, 2026, compared to $1.66 billion at the end of fiscal 2025, a 14% year-over-year increase. List of 52-Week Lows List of 3-Year Lows List of 5-Year Lows In Q4, revenue grew 5% year-over-year to $424 million, with net new ARR reaching $60 million. Adjusted earnings per share came in at $0.26, beating analysts' estimates by $0.07. On the earnings call, CEO Daniel Dines cited rising macroeconomic volatility as a major challenge, with customer budget uncertainty and foreign exchange fluctuations impacting forecasts. He emphasized a cautious approach to fiscal 2026 guidance to account for these uncertainties but reaffirmed UiPath's commitment to its agentic platform for long-term growth. Separately, UiPath announced the acquisition of Peak, a Manchester-based AI-native firm, to strengthen its vertical AI solutions strategy. Dines said Peak's specialized AI applications will integrate with the UiPath platform to enhance industry-specific automation and improve customer solutions. This article first appeared on GuruFocus. Sign in to access your portfolio
