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 ...

Accenture reported higher revenue of $17.73 billion and a profit of about $2.2 billion, even as bookings fell in its latest quarter.

Accenture's AI business takes center stage in quarterly results beat By Reuters September 26, 20248:53 AM PDTUpdated September 26, 2024 ...

Accenture has received $700m from the Department of Education since 2019 to build and manage a website, mobile app and virtual assistant for student aid. The scale of spending partly reflects the ...

CEO Julie Sweet said Accenture is doubling down on AI in an earnings call on Friday. She said the firm is creating a new business division focused on AI called "reinvention services." Sweet said ...

Immediate Market Reaction Investors appear to be focusing on the bookings weakness. Accenture shares were down 5% in premarket trading ahead of the opening bell in New York. What to Watch ...

Accenture Stock Dives To 8-Month Low As Company Says Elon Musk’s DOGE May Weigh On Sales By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.

Accenture ACN 0.44%, one of the country’s biggest consulting firms, warned investors that it is already feeling the squeeze from efforts to rein in spending on federal contractors. And the Trump ...

Already the pace of Accenture’s new gen- AI contracts is slowing, from $200m a quarter last year to $100m in the past three months—not exactly reassuring for what are the early days of a ...

Accenture reported another weak quarter, with new bookings falling by 6% to $19.7 billion for the three months ending 31 May. The announcement, despite beating earnings forecasts, sent its share ...

Shares in Accenture plunged 6.8% on Friday. On Monday, the Indian BSE and NSE IT sector index, which accounts for share trading of IT companies, declined 1.5% each. Shares of top companies ...