Turing Holding Corp

ThoughtWorks, Inc. operates as a software company. The Company provides software design and delivery, research, testing, re-engineering, data science, security, prototyping, cloud, digital strategy, and consulting services. ThoughtWorks serves customers worldwide.

ThoughtWorks

Thoughtworks Holding, Inc. engages in providing digital strategy, design, and engineering services. It focuses on delivering the benefits of cloud, data, and artificial intelligence. The company was founded in 1993 and is headquartered in Chicago, IL.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ThoughtWorks excels in Q4 2022, eyes growth in tech services

ThoughtWorks reported strong Q4 2022 results with revenue growth and solid margins. The company is recognized for its leadership in cloud migration and managed services.
Challenges include pricing mix pressures and transitioning client investments. Opportunities lie in client interest in growth and tech digital work for 2024.
The company's growth strategies focus on deepening client relationships, M&A, and geographic expansions. Expectations of sequential growth throughout the year are positive.
ThoughtWorks is well-positioned to capitalize on opportunities in expanding verticals and recovering economies. Flexibility in pricing and client support remain key strengths.

Thoughtworks beats revenue guidance, eyes stable growth in Q2

Thoughtworks saw revenue growth and client expansion in Q1, with a focus on cost initiatives and sales investments.
While facing challenges in certain sectors and regions, the company is capitalizing on growth opportunities.
Q2 revenue is forecasted to decline slightly but stabilize, with a positive outlook for the second half of the year.
Strategic investments in sales and marketing are driving new business and revenue conversion.

Thoughtworks reports Q2 revenue decline, focuses on restructuring and growth

Thoughtworks faced revenue challenges in Q2 due to top client issues, leading to a restructuring and cost reduction plan. Despite revenue decline, the company is focusing on enhancing data and AI services, client relationships, and cost efficiencies.
The company aims to stabilize revenue growth in Q4, with a focus on existing client revenue. Challenges include budget constraints impacting project scopes, but opportunities exist in strengthening operations and relationships.

Turing Holding Corp (TWKS) meets Q3 revenue, focuses on digital transformation

TWKS's Q3 performance met revenue guidance, focusing on cost savings and digital transformation initiatives.
Partnerships with tech giants and success stories with clients driving revenue growth and innovation.
Challenges include margin impact from offshore transition and pricing pressures, with opportunities in revenue growth and margin improvement.
Continued focus on cost reduction programs and client-centric strategies for sustainable growth and profitability.

Thoughtworks reports Q4 revenue growth, eyes margin improvement in 2024

Thoughtworks' financial performance in Q4 2023 and full year showed revenue growth and margin challenges, with a focus on margin improvement in 2024 and beyond
The company's strengths lie in its valued services, APAC market performance, and strong recruiting capability, while facing challenges in client behavior and deal sizes
Opportunities include increased free cash flow, GenAI implementation, and growth in resilient sectors, with a strategic focus on operational efficiency and client retention
Overall, Thoughtworks is positioning for steady growth through technology excellence and diversification, navigating industry challenges with a proactive approach

Turing Holding Corp exceeds Q1 revenue expectations, eyes AI growth

Turing Holding Corp's Q1 2024 earnings call highlighted strong revenue performance, client acquisitions, and a focus on margin improvement. The company is optimistic about sequential growth in Q2 and expects full-year revenue within the $995 million to $1.02 billion range. Challenges include ongoing supply rebalancing impacting margins, but opportunities lie in AI-related work and demand growth.

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SYDNEY--(BUSINESS WIRE)--Thoughtworks has been selected by the NSW Government to develop and deploy the world's first digital birth certificate.

NSW Government Partners With Thoughtworks to Deliver World-First Digital Birth Certificates

Thoughtworks Holding, Inc. (NASDAQ:TWKS ) Q1 2022 Earnings Conference Call May 9, 2022 8:00 AM ET Company Participants Guo Xiao - CEO Erin Cummins - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Ashwin Shirvaikar - Citi Maggie Nolan - William Blair Charlotte Bedick - Goldman Sachs Darrin Peller - Wolfe Research Dan Perlin - RBC Capital Markets Bryan Bergin - Cowen & Company David Koning - Robert W. Baird Moshe Khatri - Wedbush Securities Unidentified Company Representative Hello, everyone, and welcome to Thoughtworks Earnings Call for the First Quarter of 2022.

Thoughtworks Holding, Inc. (TWKS) CEO Guo Xiao on Q1 2022 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Thoughtworks (Nasdaq: TWKS) reports financial results for the first quarter of 2022.

Thoughtworks Reports Strong First Quarter 2022 Financial Results and Raises Full Year 2022 Guidance

CHICAGO--(BUSINESS WIRE)--Thoughtworks will report financial results for the first quarter of 2022 on Monday, May 9, 2022 before market open.

Thoughtworks to Report First Quarter 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--Thoughtworks today announced its acquisition of privately-held, Canadian-based Connected, an end-to-end, product development service firm.

Thoughtworks Acquires Leading Product Development Consultancy, Connected, to Rapidly Accelerate Product-led Design and Engineering

SINGAPORE--(BUSINESS WIRE)--Thoughtworks today announced plans to expand its business to Vietnam.

Thoughtworks Announces Expansion Plans in Vietnam

CHICAGO--(BUSINESS WIRE)--Thoughtworks Tech Radar is a report informed by our conversations and frontline experience solving its clients' toughest business challenges.

Latest Thoughtworks Technology Radar Reveals Greater Business Focus on Software Supply Chain Innovation

BANGKOK--(BUSINESS WIRE)--Siam Makro, the leading wholesale trade retailer in Thailand, has selected Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, as a strategic partner to deliver an insights-driven intelligence platform through the transformation of their business-to-business (B2B) sales infrastructure and customer data platform. The rapidly changing online landscape for consumers has brought new oppo

Siam Makro Chooses Thoughtworks to Build a Data-Driven Platform to Power Innovation and Accelerate Growth

Thoughtworks Holding's (TWKS) CEO Guo Xiao on Q4 2021 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Thoughtworks announces fourth quarter and full year 2021 financial results.

Thoughtworks Reports Strong Fourth Quarter and Full Year 2021 Financial Results

CHICAGO--(BUSINESS WIRE)--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 and full year 2021 on Tuesday, March 1, 2022 before market open. Following the release of results, Thoughtworks will host a conference call and webcast at 8:00 a.m. ET also on Tuesday, March 1, 2022. The conference call can be accessed through the following numbers: - USA / Canada

Thoughtworks to Report Fourth Quarter & Full Year 2021 Financial Results

CHICAGO--(BUSINESS WIRE)--Thoughtworks expands strategic collaboration with Storable to help self-storage owners run their businesses more efficiently and effectively.

Thoughtworks Selected by Storable to Accelerate the Pace of Innovation for Self-Storage Owners

CHICAGO & VANCOUVER, British Columbia--(BUSINESS WIRE)--Thoughtworks selected by Ritchie Bros. to accelerate digital transformation

Thoughtworks Selected by Ritchie Bros. to Accelerate Digital Transformation

SINGAPORE--(BUSINESS WIRE)--Thoughtworks selected by Standard Chartered to develop digital banking proposition for retail and wealth customers.

Thoughtworks Selected by Standard Chartered to Expand and Transform Digital Banking Services for Customers Globally

CHICAGO--(BUSINESS WIRE)--Thoughtworks announced signing a multi-year agreement with John Deere, a world leader in providing advanced products, technology and services.

John Deere Selects Thoughtworks to Drive More Unified Digital Experiences for Global B2B and B2C Customers

CHICAGO--(BUSINESS WIRE)--Thoughtworks today released Looking Glass, a guide to the critical technology-driven shifts set to shape business in 2022 and beyond.

Latest Thoughtworks Looking Glass Brings Into Focus the Ethical Implications of Technology

CHICAGO--(BUSINESS WIRE)--Thoughtworks applied its deep agile and technical expertise to building a Fractionalized Offset Management system for Tradewater.

Tradewater Expands Strategic Collaboration with Thoughtworks to Increase Access to High-Quality Carbon Credits

Thoughtworks Holding, Inc. (TWKS) CEO Guo Xiao on Q3 2021 Results - Earnings Call Transcript

Thoughtworks Holding Inc (NASDAQ: TWKS) reported third-quarter FY21 revenue growth of 45% year-on-year to $285.1 million, beating the consensus of $281.7 million. Margins: The adjusted gross margin expanded 300 bps to 45.7%, reflecting solid execution and strong demand for premium digital transformation services.

Thoughtworks Shares Pop On Q3 Beat, Robust Outlook

CHICAGO--(BUSINESS WIRE)--Thoughtworks Reports Third Quarter 2021 Financial Results

Thoughtworks Reports Strong Third Quarter 2021 Financial Results

CHICAGO--(BUSINESS WIRE)--Thoughtworks will report Q3 financial results for 2021 on Nov. 15, 2021 before market open.

Thoughtworks to Report Third Quarter 2021 Financial Results

CHICAGO--(BUSINESS WIRE)--TWKS released latest Tech Radar, a report informed by our observations and frontline experience solving our clients' toughest business challenges.

Latest Thoughtworks Technology Radar Proclaims: Embrace Conway's Law as There's No Escaping It

CHICAGO and NEW YORK, Oct. 13, 2021 /PRNewswire/ --  Thoughtworks  (Nasdaq: TWKS), a global technology consultancy that integrates strategy, design and engineering and the US Coalition on Sustainability (USCS) today announced the expansion of SustainChain™, a digital platform to unify and accelerate progress toward the United Nations Sustainable Development Goals (SDGs) by 2030. Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8819053-thoughtworks-us-coalition-on-sustainability-advance-united-nations-sustainable-development-goals/ USCS developed SustainChain to connect innovators, impact investors, businesses, NGOs and alliances with a shared mission of rebuilding sustainable supply chains.

US Coalition on Sustainability Partners with Thoughtworks to Advance the United Nations Sustainable Development Goals

LONDON--(BUSINESS WIRE)--Xapo, a leader in secure Bitcoin storage, has partnered w/ Thoughtworks to drive digital innovation and its global expansion over the next 18 months.

News for Turing Holding Corp Stock (TWKS)