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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.

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Thoughtworks commissions study on engineering effectiveness, highlighting the need for improvement in agility. Key findings: 59% of leaders say engineering agility is lacking, less than half of organizations have adopted fundamental engineering practices, 73% spend significant time on tech debt and BAU issues.
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Thoughtworks (NASDAQ: TWKS) wins 2023 CSO50 Award for outstanding business value and thought leadership
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Thoughtworks Holding, Inc. reported Q2 2023 revenues of $287.2 million, falling short of guidance due to macro-related factors. The company announced restructuring actions targeting $75-85 million in annualized cost savings. It provided updated guidance for the full year and Q3 2023.
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Thoughtworks (NASDAQ: TWKS) named a top 15 Sourcing Standout by ISG for Asia Pacific region based on annual contract value (ACV) won over the last 12 months. Recognized for Digital Application Management and Operations and professional services portfolio. Acknowledged by ISG as a leading and growing player in the global market for next generation professional services.
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Thoughtworks (NASDAQ: TWKS) will report financial results for the second quarter of 2023 on Tuesday, August 8, 2023 before market open. A conference call will be held at 8:00 a.m. ET to discuss the results.
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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/.

Thoughtworks Holding, Inc.

Nasdaq:TWKS

TWKS Rankings

TWKS Stock Data

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