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

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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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LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Thoughtworks Holding, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Thoughtworks investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you c.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Thoughtworks Holding, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) investors concerning the Company's possible violations of federal securities laws. On February 12, 2024, Thoughtworks disclosed that previously issued financial statements for the second and third quarters of 2023 “should no longer be relied upon due to an inaccurate presentation of the change in cash flows ascribed t.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Thoughtworks Holding, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 12, 2024, Thoughtworks disclosed that previously issued financial statements for the second and third quarters of 2023 “should no longer be relied u.

The Law Offices of Frank R. Cruz Continues Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

Thoughtworks' fourth-quarter performance missed Wall Street's sales and earnings targets. The company's forward guidance is also disappointing investors.

Why Thoughtworks Stock Is Crashing Today

Thoughtworks Holding (TWKS) Q4 2023 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Thoughtworks reported results for Q4 and full year 2023 and provided its financial outlook for the full year and first quarter of 2024.

Thoughtworks Reports Fourth Quarter and Full Year 2023 Financial Results

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New York , Feb. 25, 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 RANKED AND LEADING FIRM, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS

NEW YORK , Feb. 16, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of 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.

TWKS LOSS ALERT: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of 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 contingenc.

ROSEN, A LEADING NATIONAL FIRM, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation – TWKS

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Thoughtworks Holding, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) investors concerning the Company's possible violations of federal securities laws. On February 12, 2024, Thoughtworks disclosed that previously issued financial statements for the second and third quarters of 2023 “should no longer be relied upon due to an inaccurate presentation of the change in cash flows ascribed to.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Thoughtworks Holding, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Thoughtworks investments or would like to inquire about potentially pursuing claims to recover your loss under the fed.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Thoughtworks Holding, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 12, 2024, Thoughtworks disclosed that previously issued financial statements for the second and third quarters of 2023 “should no longer be relied up.

The Law Offices of Frank R. Cruz Announces Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

CHICAGO--(BUSINESS WIRE)--Thoughtworks will report financial results for the fourth quarter and full year 2023 on Tuesday, February 27, 2024 before market open.

Thoughtworks to Report Fourth Quarter and Full Year 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--Thoughtworks among the leading providers in the Breakthrough 15 category for the Americas in the 4Q 2023 Global ISG Index™.

Thoughtworks Named a Top 15 Sourcing Standout by ISG

CHICAGO--(BUSINESS WIRE)--Thoughtworks released the 4th edition of Looking Glass, a report designed to help companies navigate industry shifts and identify new opportunities.

Thoughtworks Looking Glass Report Spotlights Strategy, Security and Responsibility in AI Solutions

CHICAGO--(BUSINESS WIRE)--Thoughtworks is positioned in the Visionaries Quadrant in the 2023 GartnerⓇ Magic Quadrant™ for Custom Software Development Services, Worldwide.

Thoughtworks Recognized as a Visionary in 2023 GartnerⓇ Magic Quadrant™ for Custom Software Development Services, Worldwide

HAMBURG, Germany--(BUSINESS WIRE)--Thoughtworks is expanding its business to Switzerland to scale up in key industry verticals in the European region.

Thoughtworks Announces Expansion Plans in Switzerland

CHICAGO--(BUSINESS WIRE)--Thoughtworks announced collaborating with Viator, a global experiences marketplace, as it grows its leadership position.

Viator Partners with Thoughtworks to Scale Power of Platforms to Enhance Traveler Experiences

Thoughtworks Holding, Inc. (NASDAQ:TWKS ) Q3 2023 Results Conference Call November 7, 2023 8:00 AM ET Company Participants Robert Muller - Global Head of Investor Relations Xiao Guo - Chief Executive Officer and Director Erin Cummins - Chief Financial Officer Conference Call Participants Maggie Nolan - William Blair Ashwin Shirvaikar - Citi Puneet Jain - JPMorgan Bryan Bergin - TD Cowen Tyler DuPont - Bank of America Matthew Roswell - RBC Robert Muller Hello, everyone, and welcome to Thoughtworks Earnings Call for the Third Quarter of 2023. We will be recording today's call, and during the presentation, all lines will be on listen only.

Thoughtworks Holding, Inc. (TWKS) Q3 2023 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Thoughtworks reports Q3 FY2023 financial earnings.

Thoughtworks Reports Third Quarter 2023 Financial Results

Thoughtworks Holding, Inc. (TWKS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Thoughtworks Holding, Inc. (TWKS) Q3 Earnings Expected to Decline

CHICAGO--(BUSINESS WIRE)--Thoughtworks collaborated with the United Nations to launch a responsible approach to emerging technology creation and management for the UN.

Thoughtworks Partners With United Nations on Responsible Approach to Emerging Tech

CHICAGO--(BUSINESS WIRE)--Thoughtworks will report financial results for the third quarter of 2023 on Tuesday, November 7, 2023 before market open.

Thoughtworks to Report Third Quarter 2023 Financial Results

MELBOURNE, Australia--(BUSINESS WIRE)--Thoughtworks has partnered with hipages Group to provide a one-stop platform that tradespeople can use to manage and grow their business.

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