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Accenture Spots Rise in Uncertainty in US
Hindustan Times Navi Mumbai
|March 21, 2025
Accenture Plc became the first IT industry major to call out macroeconomic uncertainty in the US, the world's top technology market, during a post-earnings interaction with analysts on Thursday.
BENGALURU:
The early alert, coming in the backdrop of disappointing quarterly earnings in the second quarter (December-February) of the world's biggest information technology (IT) services company, signals possible tough times ahead for both global as well as the Indian IT industry. Accenture follows a September-August financial calendar.
"In recent weeks, we are seeing an elevated level of what was already significant uncertainty in the global economic and geopolitical environment, marking a shift from our first quarter FY25 earnings report in December," said Julie Sweet, chief executive of Accenture, as part of her prepared comments in the company's post-earnings call.
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