Thoughtworks Holding, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2024
February 27, 2024 at 07:21 am
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Thoughtworks Holding, Inc. provided revenue guidance for the first quarter and full year 2024. For the first quarter, the company expected revenue to be in the range of $241 million to $246 million, reflecting year-over-year decline of (21)% to (20)% in U.S. dollars and in constant currency, which includes an immaterial contribution from acquisitions.
For the full year, the company expected revenue to be in the range of $980 million to $1,010 million, reflecting year-over-year decline of (13)% to (10)%, or (13)% to (11)% in constant currency, which includes an immaterial contribution from acquisitions.
Thoughtworks Holding, Inc. is a global technology consultancy company. The Company provides end-to-end digital strategy, design, and engineering services. It provides a range of services, including enterprise modernization, platforms, and cloud; customer experience, product, and design; data and artificial intelligence (AI), digital transformation and operations, and DAMO managed services. Its enterprise modernization, platforms and cloud service line include modernization strategy and execution; digital platform strategy and engineering organization transformation and cloud-native application support and evolution. Its customer experience, product and design service line deliver idea to market, customer experience strategy and product organization transformation. Its data and AI service line delivers data strategy; intelligent products; data platforms and data mesh. Its digital transformation and operations service line delivers delivery transformation and digital fluency.