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Accenture Plc

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  • Accenture Q1 forecast shows revenue below estimates due to IT spending cut, inflation, stronger dollar

    The Dublin-headquartered company forecast current-quarter revenue between $15.20 billion and $15.75 billion, compared with analysts' average estimate of $16.07 billion

  • Accenture forecasts Q4 revenue below expectations amid inflation worries

    However, the company has raised FY2022 revenue growth to 25.5 percent to 26.5 percent in local currency against a prior outlook of 24 to 26 percent.

  • Accenture revenue forecast tops estimates on cloud, security services demand

    Client spending, which rebounded last fiscal year to pre-pandemic levels due to a shift to hybrid working models and boosted Accenture's revenue by 14 percent, has stayed strong.

  • Accenture beats quarterly estimates on digital and cloud strength

    The IT consulting firm shifted its focus to offering digital and cloud services, which include everything from managing clients' social media marketing strategies to helping them move to the cloud, in a bid to boost margins.

  • Accenture, Microsoft collaborate on blockchain-based digital ID network

    The companies unveiled a prototype of the network on Monday at the UN headquarters in New York during the second summit of ID2020, a public-private consortium promoting the UN 2030 Sustainable Development Goal of providing legal identity for everyone on the planet.

  • Accenture revenue tops estimates on strong cloud services demand

    Accenture Plc, a provider of consulting and outsourcing services, reported a better-than-expected 7.6 percent rise in quarterly revenue as its investments to boost digital and cloud services pay off.

  • Accenture raises revenue forecast after strong second quarter

    Accenture has been investing heavily to boost its digital business, which offers analytics, content management, social media and cloud services to businesses.

  • Demand from North America drives Accenture results

    However, the company forecast first-quarter revenue below analysts' average estimate, due mainly to a stronger dollar.

  • Amadeus to buy Navitaire from Accenture for $830 mn

    Amadeus said it expects the deal, which is projected to close in the fourth quarter, will have a minimal impact on its financial performance this year. It said the deal would be earnings accretive from the first day.

  • Accenture raises full-year revenue forecast for 3rd time

    The consulting business accounts for a little more than half of Accenture's total revenue, with its outsourcing unit contributing the rest.

  • Accenture raises revenue growth forecast for second time

    The company also reported higher-than-expected quarterly profit and revenue on Thursday, helped by growth in outsourcing revenue from North American clients.

  • Infosys, TCS, Wipro fall as Accenture cuts outlook

    The US Senate approved a landmark immigration bill on Thursday, which is seen by some investors as hurting Indian IT companies by proposing higher fees and wages for temporary US workers.

  • Accenture buys Nokia Siemens' IPTV assets

    Accenture Plc said it bought certain internet protocol television (IPTV) assets from Nokia Siemens Networks to bolster its online video capabilities.

  • No worry on client spending yet, says IBM

    International Business Machines (IBM), world’s biggest computer-services company, fell the most in two months after missing sales estimates for the first time in five quarters.

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