Thoughtworks Holding Q2 2024 Adj. EPS $(0.03) Misses $0.00 Estimate, Sales $251.671M Beat $251.312M Estimate
Portfolio Pulse from Benzinga Newsdesk
Thoughtworks Holding reported Q2 2024 adjusted EPS of $(0.03), missing the estimate of $0.00. However, sales came in at $251.671 million, slightly beating the estimate of $251.312 million.

August 05, 2024 | 11:21 am
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Thoughtworks Holding reported mixed Q2 2024 results with an adjusted EPS of $(0.03), missing the estimate of $0.00, but sales of $251.671 million, slightly beating the estimate of $251.312 million.
The mixed results, with an EPS miss but a slight sales beat, are likely to create a neutral short-term impact on TWKS stock. Investors may be concerned about the earnings miss but somewhat reassured by the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100