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Thoughtworks tops fourth-quarter estimates, but stock tumbles 17%+

Nasdaq-listed technology consultancy Thoughtworks Holding Inc. topped revenue and earnings per share estimates in the fourth quarter, but its shares nevertheless lost over 17% of their value during today’s trading session. The selloff may be connected to the company’s pessimistic first-quarter outlook. In its earnings report today, Thoughtworks projected a low single-digit revenue decline for […]

The post Thoughtworks tops fourth-quarter estimates, but stock tumbles 17%+ appeared first on SiliconANGLE.



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