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For context, Accenture’s total order bookings from Gen AI alone are more than the FY24 revenue of LTIMindtree Ltd, India’s sixth largest software services company. LTIMindtree reported $4.3 ...
To be sure, Accenture reported $64.9 billion in revenue last year, making it more than twice the size of TCS, India’s largest IT services firm, which reported $29.1 billion revenue in FY24.
The soft guidance is a function of DOGE and the reduction in federal spending, leading to the loss of several Accenture contracts. In FY24, U.S. federal contracts accounted for 17% of Accenture's ...
Accenture beat top- and bottom-line expectations for the quarter, reporting revenue and earnings per share up 6% and 7%, respectively, year over year. Generative AI is becoming a big part of the ...
Meanwhile, Sweet highlighted that Accenture’s revenue from federal services accounted 8 percent of the company’s global revenue and 16 percent of its American revenue in FY24. However ...
Global consulting firm Accenture (ACN) has warned of major revenue ... of its global revenue and 16% of its revenue in the U.S. in FY24. Wall Street Analysts Cut Price Targets on ACN Stock Amid ...
Accenture beat on sales and earnings this morning, but its guidance fell a nickel short. Bookings growth has also turned negative. At 26 times earnings, Accenture stock isn't the most expensive ...
Its clients include Fortis, Apollo, AIIMS, Amazon, EY, Accenture, Tata, Reliance, Adani, among others. Sales of vending machines generated INR 7.27 Cr in revenue for Daalchini in FY24 as against ...
Shares of Accenture (NYSE:ACN) tumbled about 6% on Thursday despite fiscal second quarter results beat estimates, while new bookings for the second quarter declined year-over year. The company ...