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

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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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MILWAUKEE, Aug. 5, 2024 /PRNewswire/ -- Ademi LLP is investigating Thoughtworks (NASDAQ: TWKS) for possible breaches of fiduciary duty and other violations of law in its transaction with Apax. Click here to learn how to join our investigation https://www.ademilaw.com/case/thoughtworks-holding-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Thoughtworks Holding, Inc. has obtained a Fair Price for its Public Shareholders

LOS ANGELES--(BUSINESS WIRE)--TWKS Investors Have the Opportunity to Join Investigation of Thoughtworks Holding, Inc. with the Schall Law Firm.

TWKS Investors Have the Opportunity to Join Investigation of Thoughtworks Holding, Inc. with the Schall Law Firm

CHICAGO--(BUSINESS WIRE)--Thoughtworks to be taken private by Apax Funds for $4.40 per share.

Thoughtworks to Be Taken Private by Apax Funds for $4.40 Per Share

Thoughtworks Holding Inc.'s stock TWKS, -4.78% was up by 27% in premarket trading on Monday after the Chicago-based computer services company agreed to be taken private by Apax Partners LP in a deal valued at $1.75 billion. Thoughtworks has agreed to a price of $4.40 a share, a premium of 30% over its closing price on Friday, and 48% over the its average, volume-weighted stock price for the 30 days ending Aug. 2.

Thoughtworks stock rallies on plan to go private for $1.75 billion

Thoughtworks will be taken private by Apax funds in a deal worth about $1.75 billion, the technology consultancy firm said on Monday.

Apax funds to take Thoughtworks private in $1.75 bln deal

CHICAGO--(BUSINESS WIRE)--Thoughtworks today reported results for the second quarter of 2024.

Thoughtworks Reports Second Quarter 2024 Financial Results

LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Examined By The Schall Law Firm Impacted Investors Urged To Engage In Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Examined By The Schall Law Firm, Impacted Investors Urged To Engage In Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Is Under Examination By The Schall Law Firm, Impacted Investors Are Encouraged To Initiate Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Is Under Investigation By The Schall Law Firm And Impacted Investors Are Encouraged To Initiate Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Investigating Thoughtworks Holding Inc And Urges Affected Investors To Begin Conversations

LOS ANGELES, CA / ACCESSWIRE / July 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Is Under Examination By The Schall Law Firm, Impacted Investors Are Encouraged To Initiate Dialogues

LOS ANGELES, CA / ACCESSWIRE / July 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Urges Affected Investors To Start Conversation, Thoughtworks Holding Inc Is Under Scrutiny

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 second quarter of 2024 on Tuesday, August 6, 2024 before market open. Following the release of results, Thoughtworks will host a conference call at 8:00 a.m. ET to discuss its financial results with the investment community. A live webcast of the call will be available at https://investors.thoug.

Thoughtworks to Report Second Quarter 2024 Financial Results

LOS ANGELES, CA / ACCESSWIRE / July 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Under Investigation By The Schall Law Firm Encouraging Impacted Investors To Begin Dialogue

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LOS ANGELES, CA / ACCESSWIRE / July 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Conducting An Examination Of Thoughtworks Holding Inc And Urges Affected Investors To Initiate Conversation

LOS ANGELES, CA / ACCESSWIRE / July 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Is Being Examined By The Schall Law Firm Encouraging Impacted Investors To Begin Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Thoughtworks Holding Inc Under Scrutiny By The Schall Law Firm Urging Affected Investors To Initiate Conversation

LOS ANGELES, CA / ACCESSWIRE / July 10, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investigation Into Allegations Against Thoughtworks Holding Inc Initiated By The Schall Law Firm And Impacted Investors Are Encouraged To Begin Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Probe Into Accusations Against Thoughtworks Holding Inc Started By The Schall Law Firm And Affected Investors Are Urged To Initiate Conversation

CHICAGO--(BUSINESS WIRE)--Thoughtworks Launches SDV (software-defined-vehicle) Pulse Report with AWS to Help Companies Navigate Transition to SDV.

Thoughtworks Launches SDV Pulse Report with AWS to Help Companies Navigate Transition to SDV

LOS ANGELES, CA / ACCESSWIRE / July 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Initiates Examination Of Charges Against Thoughtworks Holding Inc And Urges Affected Investors To Start Communication

LOS ANGELES, CA / ACCESSWIRE / July 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Initiates Scrutiny Of Thoughtworks Holding Inc And Promotes Investors With Losses To Begin Communication

LOS ANGELES, CA / ACCESSWIRE / July 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or "the Company") (NASDAQ:TWKS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

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