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Accenture (ACN) maintains its industry leadership through continuous innovation in technology services and strategic business solutions. This news hub provides investors and professionals with essential updates on corporate developments, financial performance, and market initiatives.
Access real-time announcements including quarterly earnings disclosures, partnership formations, and technology advancements. Our curated collection ensures transparent tracking of ACN's global consulting projects, acquisition strategies, and sustainability commitments.
Key updates cover digital transformation milestones, cloud computing expansions, and workforce development programs. Regular filings include SEC-compliant financial reports and executive leadership changes. Bookmark this page for reliable insights into Accenture's operational strategies and industry positioning.
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Accenture acquires SIGNAL, an integrated marketing firm in Tokyo, Japan, strengthening its support for clients' marketing transformation. Approximately 100 industry experts from SIGNAL join Accenture's marketing operations team. Positive impact on stock price expected.
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Accenture reported Q4 revenues of $16.0 billion, a 4% increase in both USD and local currency. GAAP operating margin is 12.0%, compared to 14.7% in Q4 2022. Adjusted operating margin is 14.9%, a 20 basis points expansion. Q4 GAAP EPS is $2.15, compared to $2.60 in Q4 2022. Adjusted EPS is $2.71, a 4% increase. Full-year revenues are $64.1 billion, a 4% increase in USD and 8% increase in local currency. GAAP operating margin is 13.7%, compared to 15.2% in fiscal 2022. Adjusted operating margin is 15.4%, a 20 basis points expansion. Full-year GAAP EPS is $10.77, compared to $10.71 in fiscal 2022. Adjusted EPS is $11.67, a 9% increase. New bookings for the full year are $72.2 billion, a 1% increase in USD and 5% increase in local currency over fiscal 2022. Accenture expects revenue growth of 2% to 5% in local currency for fiscal year 2024.
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Accenture supports Mount Sinai Health System in migrating its EMR system to Microsoft Azure cloud, marking the largest production instance of Epic running on Azure. The transition allows improved care coordination and collaboration, substantial cost savings, enhanced security measures, and foundation for AI and other advanced technologies. The move is also creating sustainability benefits.
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Karthik Narain appointed Chair of the Board of Directors at Avanade
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Accenture (NYSE: ACN) has made a strategic investment in Writer, a platform using generative AI to help enterprises create and shape content. Writer enables organizations to deploy AI-driven applications that increase productivity and drive business impact. Accenture plans to integrate Writer's capabilities into its marketing and communications function. The investment amount was not disclosed.
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New research from Accenture reveals that edge computing is set to accelerate innovation and create new revenue opportunities for companies. 83% of respondents believe edge computing is essential to remaining competitive in the future. Only 65% of companies are currently using edge, with 50% deeply integrating it into their digital core. Companies taking a cloud-based and super integrated approach see the highest value, with increased innovation, efficiency, and cost reduction. Common use cases include IoT, connected devices, and edge-based content delivery apps.
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Accenture Federal Services wins $25 million contract to modernize operations for the Air Force Sustainment Center through IIoT platform
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Accenture (NYSE: ACN) to discuss Q4 and full-year fiscal 2023 financial results on Sept. 28, 2023.
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Accenture announces investment and collaboration with Open Cosmos, a space technology company focused on satellite design and data services. The collaboration aims to help clients track and analyze space data to solve business challenges on Earth, particularly related to sustainability. Open Cosmos democratizes access to satellite data through its platform technology. Accenture Ventures led the investment as part of its Project Spotlight initiative.
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Accenture and Workday are expanding their partnership to develop data-led finance solutions for various industries, aiming to improve agility, reduce costs, and enhance operational efficiencies. The offerings will integrate with Workday Financial Management and utilize intelligent automation, AI, and ML. The collaboration also includes Salesforce, with the objective of streamlining finance processes and standardizing operations globally. The partnership builds on more than 15 years of joint efforts.
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Accenture Plc Ireland
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