Tribeworks (TWKS) Tops Q3 EPS by 4c

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Thoughtworks Holding (TWKS) PT Raised to $36 at Cowen

November 16, 2021 6:32 AM EST

Cowen analyst Bryan Bergin raised the price target on Thoughtworks Holding (NASDAQ: TWKS) to $36.00 (from $31.00) while maintaining an Outperform rating.

The analyst commented, "TWKS posted healthy revenue results in its public debut quarter with solid growth and a differentiated GM profile reflecting its... More

Thoughtworks Holding (TWKS) Reports Q3 Revenues of $285.1M, Adjusted EPS of $0.14

November 15, 2021 6:24 AM EST

(Updated - November 15, 2021 6:25 AM EST)

Thoughtworks Holding, Inc. (NASDAQ: TWKS), a leading global technology consultancy, today reported results for the third quarter of 2021 and provided its financial outlook for the fourth quarter and full year 2021.

Guo Xiao, Thoughtworks' Chief Executive Officer, commented, "In our first quarter as a public company, I am pleased to report that we have delivered revenues of $285.1 million, an increase of 45.0% year on year and 42.1% in constant currency1.

Our premium position and cultivating culture attract and retain what we believe to be the best... More