Nasdaq-listed IT services major Accenture on Thursday reported its fiscal second quarter earnings report with revenue at $16.7 billion, posting a growth of 5 per cent in US dollar terms and 8.5 per cent in local currency. This was in line with the company’s guided range of $16.2 billion to $16.8 billion. “The foreign-exchange impact for the quarter was approximately negative 3.0 per cent, compared with the negative 2.5 per cent assumption provided in the company’s first-quarter earnings release, it said in a regulatory filing.
Accenture operates on a September-August fiscal calendar.
While the Americas region contributed to the largest share of the total revenue, amounting to $8.55 billion, posting a growth of 9 per cent YoY, the EMEA region (Europe, the Middle East and Africa) generated revenue of $5.80 billion, up 4 per cent on-year. The Asia-Pacific region, meanwhile, posted revenue of $2.30 billion, down 3 per cent (in US dollar terms).
Julie Sweet, Accenture Chair and CEO, said, “Our second quarter results demonstrate that we continue to deliver on our strategy to lead reinvention for our clients and return to strong growth in FY25, with broad-based growth across markets, industries, and the types of work our clients seek from us. The trust and confidence in our unique strengths and capabilities is reflected in 32 clients with quarterly bookings greater than $100 million and we are very pleased to have another milestone quarter in Gen AI with $1.4 billion in new bookings. Our continued growth is made possible by the extraordinary work of our more than 800,000 people around the world who focus on delivering value to our clients every day.”
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