Accenture Q4 New Bookings At $16.6B, Down 10% Y/Y USD & Local Currency
Portfolio Pulse from Benzinga Newsdesk
Accenture's Q4 new bookings have been reported at $16.6 billion, marking a 10% decrease year-over-year in both USD and local currency.
September 28, 2023 | 10:49 am
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Accenture's Q4 new bookings have decreased by 10% year-over-year, which may negatively impact investor sentiment.
New bookings are a key indicator of future revenue for companies like Accenture. A decrease in new bookings suggests potential challenges in revenue growth, which could negatively impact the company's stock price in the short term.
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