Accenture: Strong AI Demand Fuels Beat
Here's our initial take on Accenture's (NYSE: ACN) fiscal 2025 second-quarter financial report.In a quarter that for many was marred by customer hesitation to spend, Accenture continues to see strong demand for its consulting and tech modernization services. The company grew earnings per share by 7% and revenue by 6% year over year, beating Wall Street expectations.Accenture continues to see generative AI fueling growth, with $1.4 billion in new bookings related to Gen AI in the quarter.Continue reading
Here's our initial take on Accenture's (NYSE: ACN) fiscal 2025 second-quarter financial report.
In a quarter that for many was marred by customer hesitation to spend, Accenture continues to see strong demand for its consulting and tech modernization services. The company grew earnings per share by 7% and revenue by 6% year over year, beating Wall Street expectations.
Accenture continues to see generative AI fueling growth, with $1.4 billion in new bookings related to Gen AI in the quarter.
