Accenture Reported Q3 New Bookings of $21.1B, Up By 22% in USD, Generative AI New Bookings Of Over $900M For A Total Of $2B Fiscal Year-To-Date
Portfolio Pulse from Benzinga Newsdesk
Accenture reported Q3 new bookings of $21.1 billion, up by 22% in USD, with generative AI new bookings of over $900 million for a total of $2 billion fiscal year-to-date.
June 20, 2024 | 10:53 am
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Accenture reported strong Q3 new bookings of $21.1 billion, a 22% increase in USD, with significant growth in generative AI bookings, totaling $2 billion fiscal year-to-date.
The significant increase in new bookings, especially in the high-growth area of generative AI, indicates strong demand for Accenture's services. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
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