Shares of Accenture (NYSE:ACN) tumbled about 8% on Thursday despite fiscal second quarter results beat estimates, while new bookings for the second quarter declined year-over year. The company ...
Global consulting firm Accenture (ACN) has warned of major revenue risks due to budget cuts under the Elon Musk-led ...
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Accenture CEO says DOGE's cost-cutting drive is hitting business, as worry spreads among staffAccenture CEO Julie Sweet has warned that DOGE's cost-cutting efforts have started to impact the consulting firm's revenues and slowed procurement of new projects with the federal government. "The new ...
Accenture reported solid Q2 earnings, supported by a lean operational model. Click here to find out why ACN stock is a Buy.
Deloitte has had at least 127 government contracts cut or modified since January, a BI analysis found. DOGE said the savings ...
Initially, Accenture shares climbed more than 2% in premarket trading after the company declared its results, however, shares opened nearly 10% lower as the company discussed the federal cuts in the ...
it includes our current estimates and assumptions of the potential impact of Federal and the overall environment.” When asked about potential risks to Accenture’s federal revenue, Sweet ...
Accenture’s revenue and earnings for the quarter ending ... “While DOGE and related cost initiatives may impact Federal IT investments near-term, we do not see any change in the secular ...
Accenture has a strong consulting business which helps it secure a foot in the door when it comes to large IT contracts. It ...
Accenture Faces Headwinds Accenture is among the first to highlight the revenue impact of DOGE’s tightened spending, citing slowed procurement processes. Moreover, the company stated that the ...
On the earnings call, Accenture Chair and CEO Julie Sweet said the company's revenue was being affected due to the impact being felt in Accenture Federal Services. "As you know, the new ...
Accenture CEO Julie Sweet has warned that DOGE's cost-cutting efforts have started to impact the consulting firm's revenues and slowed procurement of new projects with the federal government.
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