TWKS News and Press, Thoughtworks Holding Inc. From 04/03/23

2023-04-03 08:47:58 ET Summary The weak near-term outlook and FY23 guidance have led me to revise my recommendation from a buy to a hold. FY23 revenue is expected to be flat from FY22, effectively wiping out 1 year of growth. Margins are also a concern due to wage inflation fo...

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today announced the launch of its Engineering Effectiveness solution designed to help organizations optimize their software engineering teams to deliver more customer value quickly...

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, and First Student, Inc. , the leading provider of school transportation in North America, announced today the beginning of the deployment of a digital platform to power their new a...

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today announced Beautycounter, a leader in clean beauty, is accelerating its path to innovation with investment in a more modern digital technology platform. As pioneers in agile metho...

Summary The market for digital transformation services expected to reach $6.7 trillion by 2029, expected to grow at a CAGR of 20.9% from 2021. Thoughtworks has a strong reputation for delivering high-quality services to its enterprise clients, as demonstrated by its industry-leading rev...

Thoughtworks Holding, Inc. (TWKS) Q4 2022 Earnings Conference Call February 28, 2023 8:00 AM ET Company Participants Robert Muller - Global Head of Investor Relations Guo Xiao - President and Chief Executive Officer Erin Cummins - Chief Financial Officer Conferen...

Stocks lost ground on Tuesday, with the S&P 500 slipping 0.3% and the Dow dropping by more than 200 points. The cautious trading came as investors continued to worry that the Federal Reserve would need to extend its hawkish policy to get inflation under control. Looking at individual stoc...

Thoughtworks Holding press release ( NASDAQ: TWKS ): Q4 Non-GAAP EPS of $0.10 beats by $0.01 . Revenue of $310.74M (+8.3% Y/Y) beats by $4.17M . Thoughtworks provides the following outlook for the first quarter and full year 2023: First quarter Thoughtworks e...

Fourth quarter revenues of $310.7 million and full year revenues of $1.3 billion Reported revenue growth of 8.3% for the fourth quarter and 21.1% for the full year Constant currency growth of 14.7% for the fourth quarter and 26.8% for the full year Provides guidanc...

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, will report financial results for the fourth quarter of 2022 on Tuesday, February 28, 2023 before market open. Following the release of results, Thoughtwork...