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Accenture Shares, Accenture Earnings: Professional services firm Accenture's shares took a hit even after the company's latest quarterly revenue exceeded analysts' expectations. Here are key takeaways ...
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Despite delivering strong Q3 results with an 8 per cent revenue rise and a boost from $1.5 billion in Gen AI bookings, Accenture fell short of Street expectations on total bookings. The shortfall led ...
Accenture reported a second straight drop in quarterly new bookings on Friday and unveiled an organizational revamp to bolster its AI consulting services, as a cutback in U.S. government spending and ...
Accenture follows a September-August financial year. Shares of the company fell 2.6% in premarket trading after Accenture said new bookings decreased 6% to $19.7 billion in the third quarter.
Accenture logged net income of about $2.2 billion, or $3.49 a share, for the third quarter ended May 31, compared to $1.93 billion, or $3.04 a share, in the prior-year period.
Accenture posted expectation-beating revenue and EPS growth. The management company battled through corporate and government headwinds to produce strong results. The company’s new bookings ...
Accenture said it was combining several of its services into one business unit, part of a change of a broader effort tied to the time of growing artificial intelligence adoption, effective Sept. 1.
Accenture also saw new bookings of $19.7 billion, a decrease of 6 per cent in US dollars and 7 per cent in local currency. Its GenAI new bookings stood at $1.5 billion during the May-ended quarter.