Thoughtworks Holding Q3 Adj EPS $0.04 Beats $0.03 Estimate, Sales $280.16M Beat $278.17M Estimate
Portfolio Pulse from bharat@benzinga.com
Thoughtworks Holding (NASDAQ:TWKS) reported Q3 earnings of $0.04 per share, beating the analyst consensus estimate of $0.03 by 33.33%. However, this is a 50% decrease from the same period last year. The company also reported quarterly sales of $280.16 million, beating the estimate of $278.17 million by 0.72%, but this is a 15.73% decrease from last year.
November 07, 2023 | 12:06 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Thoughtworks Holding's Q3 earnings and sales beat estimates but are down YoY. This mixed result could lead to uncertain market reactions.
Thoughtworks Holding beat Q3 earnings and sales estimates, which is positive. However, the YoY decrease in both earnings and sales could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100