Accenture announced strong Q1 FY2024 results on December 19, 2023, with revenue up 3% YoY to $16.2 billion. Operating income increased 3% to $2.43 billion, while EPS rose 10% to $3.27. The company reported new bookings of $18.4 billion and an operating margin of 15.0%, expanding 10 basis points YoY.The company demonstrated robust performance across geographic markets and industry groups, continuing investments in strategic priorities like cloud, AI, and data. Accenture returned $1.6 billion to shareholders through dividends and share repurchases during the quarter.Looking ahead, Accenture expects Q2 FY24 revenue between $15.40-$16.00 billion. The company maintained its full-year FY24 revenue growth outlook at 2-5% in local currency and raised its EPS guidance to $11.97-$12.20. CEO Julie Sweet emphasized the relevance of Accenture's services and their focus on delivering client value.

Accenture announced strong Q1 FY2024 results on December 19, 2023, with revenue up 3% YoY to $16.2 billion. Operating income increased 3% to $2.43 billion, while EPS rose 10% to $3.27. The company reported new bookings of $18.4 billion and an operating margin of 15.0%, expanding 10 basis points YoY.The company demonstrated robust performance across geographic markets and industry groups, continuing investments in strategic priorities like cloud, AI, and data. Accenture returned $1.6 billion to shareholders through dividends and share repurchases during the quarter.Looking ahead, Accenture expects Q2 FY24 revenue between $15.40-$16.00 billion. The company maintained its full-year FY24 revenue growth outlook at 2-5% in local currency and raised its EPS guidance to $11.97-$12.20. CEO Julie Sweet emphasized the relevance of Accenture's services and their focus on delivering client value.