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Thoughtworks Holding Inc (TWKS) provides strategic technology consulting services focused on agile software development and digital transformation. This news hub offers investors and industry professionals comprehensive updates on corporate developments, technical innovations, and social impact initiatives shaping the company's trajectory.
Access official press releases and verified news covering earnings announcements, strategic partnerships, and technology advancements. The curated collection includes updates on open source contributions, client engagements, and organizational milestones that demonstrate TWKS's leadership in software consulting.
Regular updates feature insights into agile methodology implementations, digital transformation projects, and social responsibility programs. Users can track the company's progress in merging technical excellence with community-focused solutions across commercial and public sectors.
Bookmark this page for streamlined access to TWKS's evolving story. Monitor how continuous innovation and ethical technology practices position the company within competitive global markets.
Thoughtworks (NASDAQ: TWKS), a global technology consultancy, has announced it will release its second quarter 2024 financial results on Tuesday, August 6, 2024, before the market opens. The company will host a conference call at 8:00 a.m. ET on the same day to discuss the results with investors. A live webcast of the call will be available on the company's investor relations website, with an archived version and transcript accessible afterwards. This announcement provides investors and analysts with a clear timeline for accessing Thoughtworks' latest financial performance data and engaging with company leadership.
Thoughtworks (NASDAQ: TWKS), a global technology consultancy, has launched its inaugural Software-Defined Vehicle (SDV) Pulse report in collaboration with AWS. The report provides insights and trends to help automotive industry players navigate the transition to SDV. It identifies 40 key technologies, practices, and trends, categorized into three adoption stages: concept phase, early adoption, and mass adoption. Highlights include in-vehicle zero-trust architecture, continuous compliance, developer portals for vehicle APIs, Rust for embedded development, Automotive Grade Linux, and hardware accelerators in the cloud. The report aims to guide auto manufacturers and suppliers in leveraging these technologies to remain competitive.
Thoughtworks (NASDAQ: TWKS) announced its participation in several upcoming conferences with the investment community. These events include the J.P. Morgan Global Technology, Media, and Communications Conference in Boston on May 20, 2024, the TD Cowen Technology, Media & Telecom Conference in New York on May 29, 2024, the BofA Securities Global Technology Conference in San Francisco on June 4, 2024, and both the Baird Global Consumer, Technology & Services Conference and Wolfe Research Small and Mid-Cap Conference in New York on June 5, 2024. The company's engagements will consist of fireside chats and meetings, with webcast information available on its investor relations website.
Thoughtworks Holding, a global tech consultancy, announces CEO Guo Xiao stepping down, succeeded by industry veteran Mike Sutcliff effective June 17, 2024. Xiao leaves a legacy of growth and innovation, while Sutcliff brings vast experience from Accenture and entrepreneurship to lead Thoughtworks into the future.
Thoughtworks Holding, Inc. (NASDAQ: TWKS) reported first quarter 2024 revenues of $248.6 million, exceeding expectations. The company raised full-year revenue guidance and reiterated full-year Adjusted EBITDA Margin guidance. Despite a challenging macroeconomic environment, the business saw stability, with strong bookings and 49 new clients. The restructuring program led to $87 million in annualized savings and plans for additional savings of $25 million to $30 million. However, there was a year-over-year decline in revenues, net loss margin, and Adjusted EBITDA Margin. The company expects to return to sequential quarter-over-quarter revenue growth in Q2 2024.
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