Thoughtworks Holding, Inc. (NASDAQ:TWKS) Q3 2022 Earnings Conference Call November 14, 2022 8:00 AM ET

Company Participants

Guo Xiao – Chief Executive Officer and President

Erin Cummins – Chief Financial Officer

Conference Call Participants

Tien-Tsin Huang – JPMorgan

Bryan Bergin – Cowen

Jason Kupferberg – Bank of America

David Koning – RW Baird

Moshe Katri – Wedbush

Arvind Ramnani – Piper Sandler

Dan Perlin – RBC Capital Markets

Unidentified Company Representative

Hello, everyone, and welcome to Thoughtworks' Earnings Call for the Third Quarter of 2022. We will be recording today's call. And during the presentation, all lines will be on listen-only.

Joining us today will be Thoughtworks President and CEO, Guo Xiao; and CFO, Erin Cummins.

The earnings press release was issued earlier today and is also available on our Investor Relations page at thoughtworks.com, if you want to review or download a copy. Some of the matters we'll discuss on this call, including our expected business outlook are forward-looking and as such, are subject to known and unknown risks and uncertainties, including, but not limited to, those factors described in today's press release and discussed in the Risk Factors section of our annual report on Form 10-K, our quarterly reports on Form 10-Q and other reports we may file with the SEC from time to time.

These risks and uncertainties could cause actual results to differ materially from those expressed on the call. We caution you not to place undue reliance on these forward-looking statements because they are made only as of the date when they were made.

During our call today, we will reference certain non-GAAP financial measures, which we believe provide useful information for investors. We also provide growth rates in constant currency as a framework for assessing how our underlying businesses performed, excluding the effect of foreign currency rate fluctuations. We include reconciliations of non-GAAP financial measures to our GAAP financial measures in our press release furnished as an exhibit to our Form 8-K, which is available on the Investor Relations section of our website at thoughtworks.com.

The non-GAAP financial measures provided should not be considered as a substitute for or superior to the measures of financial performance prepared in accordance with GAAP. Thoughtworks assumes no obligation to update or revise the information presented on this conference call.

I will now hand over to Xiao.

Guo Xiao

Thank you, Sean. Welcome, everyone, to our third quarter earnings call. I'd like to start by sharing an overall update of the business, and then Erin will take you through our third quarter financial results in more detail. I will then share some of our business highlights before Erin provides guidance and we open for Q&A.