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Accenture cuts FY24 sales forecast
Financial Express Mumbai
|March 22, 2024
ACCENTURE ON THURSDAY lowered its revenue forecast for fiscal 2024, with economic uncertainty prompting its clients to cut spending on its consulting services.
The IT services provider's revised outlook expects full-year revenue growth to be in the range of 1% to 3%, down from its earlier projection of 2% to 5%.
After the announcement, the company's shares fell by around 5% in premarket trading on the New York Stock Exchange. The American Depository Receipt (ADR) shares of IT majors Infosys and Wipro were also trading up to 4% lower post the announcement.
Cette histoire est tirée de l'édition March 22, 2024 de Financial Express Mumbai.
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