Thoughtworks reports Q3 adjusted EPS 8c, consensus 11c

Reports Q3 revenue $332.4M, consensus $327.54M. Guo Xiao, Thoughtworks’ Chief Executive Officer, said, "I am pleased to report better than expected results in our third quarter, driven by the continued demand for our digital transformation services. We delivered revenue of $332.4 million in the third quarter of 2022 reflecting year-on-year growth of 16.6% and 23.9% in constant currency. In this more measured buying environment clients continue to trust Thoughtworks to tackle their biggest technology challenges. By connecting strategy to execution through innovative experience design and world-class software engineering we add value to our clients’ businesses."