TWKS - Thoughtworks Holding Non-GAAP EPS of $0.11 in-line revenue of $332.1M beats by $4.01Mupdates FY guidance
- Thoughtworks Holding press release ( NASDAQ: TWKS ): Q2 Non-GAAP EPS of $0.11 in-line.
- Revenue of $332.1M beats by $4.01M .
- OUTLOOK
- FY
- Revenue growth in the range of 29.5% to 30.5% year-over-year on a constant currency basis. Revenue growth on a reported basis in the range of 24.2% to 25.2% which includes a negative foreign currency translation impact of approximately 5.3%. Acquisitions are expected to contribute approximately 2% to year-over-year revenue growth;
- Adjusted EBITDA Margin in the range of 19.0% to 20.0%; and
- Adjusted Diluted EPS from prior $0.51 - $0.53 to $0.47-$0.50 vs consensus of $0.52 for the year, assuming a weighted average of 332 million diluted outstanding shares for the year
- Q3
- Revenues in the range of $327 million to $329 million vs consensus of $356.57M, reflecting year-over-year growth at the midpoint of 15.1%, or 21.8% on a constant currency basis. Acquisitions are expected to contribute approximately 3% to year-over-year revenue growth in the quarter;
- Adjusted EBITDA Margin in the range of 17.0% to 18.0%;
- Adjusted Diluted EPS in the range of $0.10 to $0.11 vs consensus of $0.14 for the quarter, assuming a weighted average of 332 million diluted outstanding shares for the quarter
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Thoughtworks Holding Non-GAAP EPS of $0.11 in-line, revenue of $332.1M beats by $4.01M,updates FY guidance