TWKS Revenue third quarter 2024 Y/Y Growth Comment
Thoughtworks Holding Inc reported decrease in Revenue in the third quarter 2024 by -6.7% to $ 261.39 millions, from the same quarter in 2023. Despite modest results in the third quarter 2024, contraction in Thoughtworks Holding Inc 's Revenue appears to be smaller than Company's recent average decline.
Looking into third quarter 2024 results within Cloud Computing & Data Analytics industry 68 other companies have achieved higher Revenue growth. While Thoughtworks Holding Inc ' s Revenue decline of -6.7% ranks overall at the positon no. 2851 in the third quarter 2024.
TWKS Revenue ( Y/Y Growth %)
2024
2023
2022
2021
4th Quarter
December
-
-18.78 %
8.35 %
45.92 %
3rd Quarter
September
-6.7 %
-15.73 %
16.63 %
-
2nd Quarter
June
-12.38 %
-13.52 %
27.52 %
-
1st Quarter
March
-19.04 %
-4.32 %
35.04 %
-
FY
-
-13.07 %
21.15 %
-
Financial Statements
Thoughtworks Holding Inc 's third quarter 2024 Revenue
Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024
Thoughtworks Holding Inc 's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics
High
Average
Low
35.69 %
-0.79 %
-31.93 %
(Mar 31 2023)
TWKS's III. Quarter Q/Q Revenue Comment
Thoughtworks Holding Inc achieved in the III. Quarter 2024 above company average sequential Revenue growth of 3.86%, to $ 261.39 millions, from $251.67 millions in the second quarter. TWKS is undergoing a remarkable growth, with claiming higher then normal increase, and additionally increasing rate.
Within Cloud Computing & Data Analytics industry 39 other companies have achieved higher Revenue quarter on quarter growth. While Thoughtworks Holding Inc 's Revenue growth quarter on quarter, overall rank is 1473.
Thoughtworks Holding Inc achieved in the III. Quarter 2024 above company average sequential Revenue growth of 3.86%, to $ 261.39 millions, from $251.67 millions in the second quarter. TWKS is undergoing a remarkable growth, with claiming higher then normal increase, and additionally increasing rate.
Within Cloud Computing & Data Analytics industry 39 other companies have achieved higher Revenue quarter on quarter growth. While Thoughtworks Holding Inc 's Revenue growth quarter on quarter, overall rank is 1473.
Thoughtworks Holding Inc 's 12 Months Revenue Growth Year on Year
Revenue TTM Growth
12 Months Ending (Sep 30 2024)
12 Months Ending (Jun 30 2024)
12 Months Ending (Mar 31 2024)
12 Months Ending (Dec 31 2023)
12 Months Ending (Sep 30 2023)
Cumulative Revenue 12 Months Ending
$ 1,014.04
$ 1,032.81
$ 1,068.35
$ 1,126.82
$ 1,185.17
Y / Y Revenue Growth (TTM)
-14.44 %
-16.54 %
-16.69 %
-13.07 %
-6.85 %
Year on Year Revenue Growth Overall
Ranking
# 2272
# 1869
# 1885
# 1094
# 0
Seqeuential Revenue Change (TTM)
-1.82 %
-3.33 %
-5.19 %
-4.92 %
-4.23 %
Seq. Revenue Growth (TTM) Overall
Ranking
# 2457
# 1679
# 779
# 932
# 2150
Cumulative Revenue growth Comment
Thoughtworks Holding Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Jun 30 2024. If the fiscal year would end in Sep 30 2024, Thoughtworks Holding Inc 's annual Revenue decline would be -14.44% year on year to $1,014 millions.
In the Technology sector 305 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1869 to 2272.
Thoughtworks Holding Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Jun 30 2024. If the fiscal year would end in Sep 30 2024, Thoughtworks Holding Inc 's annual Revenue decrease would be -14.44% year on year to $1,014 millions.
In the Technology sector 305 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1869 to 2272.
About Thoughtworks Holding Inc Revenue Growth Rates (TWKS), Current and Historic Growth - CSIMarket Analysis
How we calculate this
This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years).
Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.
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