Thoughtworks shares are trading lower after the company reported worse-than-expected Q2 financial results and issued Q3 adjusted EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Thoughtworks reported worse-than-expected Q2 financial results and issued Q3 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.
August 08, 2023 | 1:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Thoughtworks' Q2 results and Q3 guidance fell short of expectations, leading to a decrease in its stock price.
Thoughtworks' worse-than-expected Q2 results and lower Q3 guidance are likely to negatively impact investor sentiment, leading to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100