Strong Bookings and Revenue Growth
Accenture reported quarterly bookings of $20.9 billion, with 32 clients having quarterly bookings greater than $100 million. Revenue grew by 8.5% in local currency, reaching $16.7 billion, which was at the top end of their guided range.
Gen AI Milestone
Accenture achieved a milestone in Gen AI with $1.4 billion in new bookings and approximately $600 million in revenue this quarter.
Recognition and Industry Leadership
Accenture was recognized as one of the World's Most Ethical Companies for the 18th year in a row and ranked number one in its industry for the 12th consecutive year on Fortune's list of the World's Most Admired Companies.
Investment in Strategic Areas and Talent
Accenture invested over $250 million in strategic acquisitions and over 15 million training hours for its employees to advance skills in solutions and technology, including Gen AI.
Strong Performance in Managed Services
Managed Services revenue grew 8% in U.S. dollars and 11% in local currency, driven by double-digit growth in technology managed services.