Accenture Stock Jumps as AI-Related Bookings Soar
Accenture(ACN) Investopedia·2024-06-20 14:46
Key TakeawaysAccenture shares jumped Thursday following the release of third-quarter results that saw revenue miss analysts' estimates but net income beat expectations.The company's AI-related bookings remain a source of strength, as they grew to $900 million for the quarter, for a total of $2 billion fiscal year-to-date.Accenture also narrowed or lowered some of its guidance ranges for the full fiscal year. Accenture (ACN) shares rose Thursday after the consulting giant reported third-quarter results that ...