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.

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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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LOS ANGELES, CA / ACCESSWIRE / May 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.

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

CHICAGO--(BUSINESS WIRE)--Thoughtworks announces participation in five upcoming events with the investment community.

Thoughtworks to Participate at Upcoming Conferences

LOS ANGELES, CA / ACCESSWIRE / May 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.

IMPORTANT SHAREHOLDER INVESTIGATION: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 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.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 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.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

The IT consultancy's shares soared nearly 20% higher on first-quarter results. It beat convincingly on revenue, although it only met the consensus analyst net loss estimate.

Why Thoughtworks Holding Stock Crushed the Market Today

Thoughtworks Holding, Inc. (TWKS) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago.

Thoughtworks Holding, Inc. (TWKS) Reports Q1 Loss, Tops Revenue Estimates

CHICAGO--(BUSINESS WIRE)--TWKS announced Guo Xiao is stepping down from role of CEO and Director. The Board has selected Mike Sutcliff to succeed Guo Xiao as CEO and Director.

Thoughtworks CEO Guo Xiao to Step Down; Board Appoints Industry Veteran, Mike Sutcliff, as CEO

CHICAGO--(BUSINESS WIRE)--Thoughtworks reports first quarter 2024 financial results.

Thoughtworks Reports First Quarter 2024 Financial Results

NEW YORK , April 29, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Thoughtworks Holding, Inc. (NASDAQ: TWKS) resulting from allegations that Thoughtworks may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Thoughtworks' securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LONGSTANDING LAW FIRM, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS

NEW YORK , April 19, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Thoughtworks Holding, Inc. (NASDAQ: TWKS) resulting from allegations that Thoughtworks may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Thoughtworks' securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS

CHICAGO--(BUSINESS WIRE)--Thoughtworks is pleased to announce the successful acquisition of the talented individuals and technology assets from Watchful.

Thoughtworks Acquires Technology and Talent from Watchful

CHICAGO--(BUSINESS WIRE)--Thoughtworks announced Total Wine & More is expanding to drive broader organizational change with a Product Thinking approach.

Total Wine & More Takes Thoughtworks Product Thinking Approach to Streamlining ERP Systems

CHICAGO--(BUSINESS WIRE)--Thoughtworks will report financial results for the first quarter of 2024 on Tuesday, May 7, 2024 before market open.

Thoughtworks to Report First Quarter 2024 Financial Results

LOS ANGELES, CA / ACCESSWIRE / April 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.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

HELSINKI, Finland--(BUSINESS WIRE)--Thoughtworks and the Finnish open source data platform company Aiven are tackling the challenge of lowering the CO2 emissions of the IT industry.

Aiven Achieves Sustainability Goals with Thoughtworks

CHICAGO--(BUSINESS WIRE)--TWKS released vol. 30 of the Tech Radar, a report on our observations and frontline experiences solving clients' most complex business challenges.

Thoughtworks Technology Radar's 30th Edition Highlights Teams Leveraging AI Across Software Delivery Lifecycle

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NEW YORK--(BUSINESS WIRE)---- $TWKS #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Thoughtworks Holding, Inc. (“Thoughtworks” or “the Company”) (NASDAQ: TWKS). Investors who purchased Thoughtworks securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/TWKS. Investigation Details: On February 12, 2024, Thoughtworks disclosed in a filing with the U.S. Securiti.

Thoughtworks Holding, Inc. (TWKS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

LOS ANGELES, CA / ACCESSWIRE / March 20, 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.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 14, 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.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Thoughtworks Holding, Inc. and Encourages Investors with Losses to Contact the Firm

CHICAGO--(BUSINESS WIRE)--Thoughtworks announced that it will take part in a conference on March 4 in San Francisco, Calif. with the investment community.

Thoughtworks to Participate at Upcoming Conference

NEW YORK , March 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Thoughtworks Holding, Inc. ("Thoughtworks" or the "Company") (NASDAQ: TWKS).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Thoughtworks Holding, Inc. - TWKS

CHICAGO--(BUSINESS WIRE)--Thoughtworks announced partnering with MetalX, an independent metals recycling business, to accelerate transformational changes for growth.

News for Turing Holding Corp Stock (TWKS)