Thoughtworks (TWKS) Misses Q2 EPS by 1c, Guidance Misses, Announces Restructuring
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Thoughtworks Reports Second Quarter 2023 Financial Results and Announces Restructuring Actions
August 8, 2023 7:03 AM EDTSecond quarter revenues of $287.2 million Announces restructuring actions targeting $75-85 million in annualized cost savings upon completion Provides updated guidance for the full year and third quarter of 2023
CHICAGO--(BUSINESS WIRE)-- Thoughtworks Holding, Inc. (NASDAQ: TWKS) ("Thoughtworks" or the "Company"), a leading global technology consultancy, today reported results for the second quarter of 2023 and provided an updated financial outlook for the full year and third quarter of 2023.
Guo Xiao, Thoughtworks' Chief Executive Officer, said, "We delivered revenues of $287.2... More
