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Accenture Earnings Transcript (NYSE:ACN)


Published on 2024-12-19 18:20:58 - MSN
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  • Presentation Operator Good day and welcome to Accenture's First Quarter Fiscal 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to 1'1Katie O'Conor,

The article provides a transcript of Accenture's earnings call for the second quarter of fiscal year 2024. Key points include: Accenture reported a revenue of $15.8 billion, marking a 1% decrease in U.S. dollars but a 1.4% increase in local currency, with new bookings reaching $21.6 billion. The company's GAAP operating margin was 13.0%, and adjusted EPS was $2.69, down 2% from the previous year. CEO Julie Sweet highlighted the company's focus on generative AI, with significant investments and partnerships, including a new AI Navigator for Enterprise. Despite economic challenges, Accenture is optimistic about future growth, driven by digital transformation and AI, although they noted a cautious spending environment among clients. The company also discussed its strategic acquisitions, cost management, and the impact of currency fluctuations on their financials.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/accenture-earnings-transcript-nyse-acn/ar-AA1wbnbR ]
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