Thoughtworks Holding, Inc. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, the company expected Revenues in the range of $265 million to $270 million, reflecting year-over-year decline of (15)% to (13)%; or (16)% to (14)% in constant currency, which includes approximately 1% from acquisitions.

For the year, the company narrowed its expected range for revenues to $1,139 million to $1,144 million, reflecting year-over-year decline of (12)%, or (12)% to (11)% in constant currency, which includes approximately 2% from acquisitions. This includes an approximate $4 million incremental negative impact from foreign exchange compared to the prior guidance.