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Thoughtworks Holding, Inc. - TWKS STOCK NEWS

Welcome to our dedicated page for Thoughtworks Holding news (Ticker: TWKS), a resource for investors and traders seeking the latest updates and insights on Thoughtworks Holding stock.

Thoughtworks Holding, Inc. (symbol: TWKS) is a global technology consultancy focused on revolutionizing the design, creation, and delivery of software while advocating for positive social change. The company works with a diverse range of clients, from commercial entities to social and governmental organizations, who have ambitious missions that require innovative solutions.

Thoughtworks sets up smart, dedicated teams that thrive on challenges and think disruptively to help clients succeed. The company’s agile development tools are designed to help clients continuously improve and deliver high-quality software. Thoughtworks is committed to industry improvement and often shares its learnings through books, blogs, events, and conferences, as well as by championing open source initiatives.

The company operates across several global service lines, including Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI); and Digital Transformation and Operations. Thoughtworks derives the majority of its revenue from North America but also has a significant presence in APAC, Europe, and LATAM.

Thoughtworks is a strong believer in the power of software and technology as tools for social change. Through its social impact program, the company collaborates with organizations that have humanitarian missions and broad reach, helping them leverage technology to drive their impact. Learn more by visiting Thoughtworks.

News

Thoughtworks to Participate at Upcoming Conference

Rhea-AI Summary
Thoughtworks (TWKS) to participate in Morgan Stanley Technology, Media & Telecom Conference on March 4, 2024 in San Francisco. Webcast details available on the company's website. Follow on social media for updates.
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MetalX Selects Thoughtworks for Legacy Modernization and New Product Delivery

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Thoughtworks (TWKS) partners with MetalX to drive digital innovation and growth in the recycling industry. MetalX selects Thoughtworks for modernizing systems and supporting aggressive growth into new market segments. The partnership aims to build innovative closed-loop recycling solutions to meet sustainability goals.
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-2.19%
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Thoughtworks Reports Fourth Quarter and Full Year 2023 Financial Results

Rhea-AI Summary
Thoughtworks Holding, Inc. (NASDAQ: TWKS) reported fourth quarter revenues of $252.4 million, below guidance due to supply constraints and cautious client behavior. The company added 46 new clients and achieved $81 million in annualized cost savings. However, net loss margin was (8.9)% in Q4. Full year revenues were $1,126.8 million, with a net loss margin of (6.1)% for 2023. Thoughtworks expects Q1 2024 revenues of $241-246 million and full year revenues of $980-1,010 million.
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-28.85%
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Thoughtworks to Report Fourth Quarter and Full Year 2023 Financial Results

Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) will report financial results for the fourth quarter and full year 2023 on February 27, 2024. The company will host a conference call to discuss its financial results with the investment community. A live webcast of the call will be available at https://investors.thoughtworks.com.
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Thoughtworks Named a Top 15 Sourcing Standout by ISG

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Thoughtworks (NASDAQ: TWKS) has been named a Top 15 Sourcing Standout by Information Services Group (ISG) in the Breakthrough 15 category for the Americas region based on annual contract value (ACV) won over the last 12 months, according to the 4Q 2023 Global ISG Index™. Thoughtworks' inclusion in the ISG Index™ is based on data the company submits to ISG each quarter. The company's regional managing director expressed gratitude for the recognition, highlighting Thoughtworks' pioneering engineering practices and its ability to help clients maximize business value from digital assets through managed services and professional services.
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Thoughtworks Looking Glass Report Spotlights Strategy, Security and Responsibility in AI Solutions

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Thoughtworks (TWKS) Releases Fourth Edition of Looking Glass Report on GenAI and Data Strategy
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Thoughtworks Recognized as a Visionary in 2023 GartnerⓇ Magic Quadrant™ for Custom Software Development Services, Worldwide

Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) has been positioned in the Visionaries Quadrant in the 2023 GartnerⓇ Magic Quadrant™ for Custom Software Development Services, Worldwide. The company integrates strategy, design, and engineering to deliver value to over 300 clients, including global enterprises and technology disruptors. Thoughtworks helps solve clients’ most complex problems in digital transformation, cloud, platforms, data, artificial intelligence, and customer experience, product, and design. The Gartner report evaluated 20 vendors for its report on the custom software development services market.
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Thoughtworks Announces Expansion Plans in Switzerland

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Thoughtworks (TWKS) expands business to Switzerland, aiming to scale up in key industry verticals in the European region. The company serves financial and health services clients and partners with SMG Swiss Marketplace Group and V-Zug. Thoughtworks' clients in Switzerland gain a digital service provider with local operations and global expertise from various industries.
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Viator Partners with Thoughtworks to Scale Power of Platforms to Enhance Traveler Experiences

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Thoughtworks (TWKS) collaborates with Viator to support the global experiences marketplace's digital transformation project. Viator reported 41% year-over-year revenue growth this quarter, with nearly $3B in gross bookings passing through its platform year-to-date.
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Thoughtworks to Participate at Upcoming Conferences

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Thoughtworks (NASDAQ: TWKS) Announces Participation in Upcoming Investment Conferences
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FAQ

What is the current stock price of Thoughtworks Holding (TWKS)?

The current stock price of Thoughtworks Holding (TWKS) is $4.49 as of November 14, 2024.

What is the market cap of Thoughtworks Holding (TWKS)?

The market cap of Thoughtworks Holding (TWKS) is approximately 1.4B.

What does Thoughtworks Holding, Inc. specialize in?

Thoughtworks specializes in software design, creation, and delivery, integrating strategy, design, and software engineering to help clients succeed.

Which industries does Thoughtworks serve?

Thoughtworks serves a diverse range of industries, including commercial, social, and government sectors.

What are the main service lines of Thoughtworks?

The main service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and AI; and Digital Transformation and Operations.

Where does Thoughtworks generate most of its revenue?

Thoughtworks generates the majority of its revenue from North America.

Does Thoughtworks have a global presence?

Yes, Thoughtworks has a significant presence in APAC, Europe, and LATAM, alongside its operations in North America.

How does Thoughtworks support social change?

Through its social impact program, Thoughtworks collaborates with humanitarian organizations to use technology for positive social impact.

What methods does Thoughtworks use to share its knowledge?

Thoughtworks shares knowledge by writing books, blogging, running events, speaking at conferences, and supporting open source initiatives.

What is the goal of Thoughtworks' agile development tools?

The goal is to help clients continuously improve and deliver quality software.

Who are Thoughtworks' typical clients?

Typical clients include enterprises and technology disruptors across the globe with ambitious missions.

Where can I learn more about Thoughtworks?

You can learn more by visiting their official website at http://www.thoughtworks.com/.

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Thoughtworks Holding, Inc.

Nasdaq:TWKS

TWKS Rankings

#2256 Ranked by Market Cap
N/A Ranked by Dividends

TWKS Stock Data

1.45B
99.08M
8.35%
86.59%
5.41%
Information Technology Services
Services-computer Programming Services
Link
United States of America
CHICAGO