Accenture 2Q Revenue Rises as AI Adoption Boosts Bookings-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Accenture 2Q Revenue Rises as AI Adoption Boosts Bookings

Dow Jones03-19 18:57

By Nicholas G. Miller

Accenture reported higher second-quarter revenue as companies' AI adoption continues to drive demand for its services.

The technology consulting company posted net income of $2.93 a share, up 4% from the year prior. Analysts polled by FactSet had expected $2.84 a share.

Revenue rose 8% to $18 billion in U.S. dollars. Wall Street had expected $17.84 billion. New bookings increased 6% to $22.1 billion.

The company raised the lower end of its fiscal-year guidance. It now sees local-currency revenue growth of 3% to 5% and adjusted earnings of $13.65 to $13.90 a share. It had previously expected fiscal-year revenue growth in local currency of 2% to 5% and adjusted earnings of $13.52 to $13.90 a share. Analysts see fiscal-year adjusted earnings of $13.86 a share.

"We're accelerating our critical work with clients to scale advanced AI across their enterprise, and we're seeing strong AI-driven growth," said Chief Executive Julie Sweet.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 19, 2026 06:57 ET (10:57 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Miller \n\n\n \n\n\n  Accenture reported higher second-quarter revenue as companies' AI adoption continues to drive demand for its services. \n\n\n  The technology consulting company posted net income of $2.93 a share, up 4% from the year prior. Analysts polled by FactSet had expected $2.84 a share. \n\n\n  Revenue rose 8% to $18 billion in U.S. dollars. Wall Street had expected $17.84 billion. New bookings increased 6% to $22.1 billion. \n\n\n  The company raised the lower end of its fiscal-year guidance. It now sees local-currency revenue growth of 3% to 5% and adjusted earnings of $13.65 to $13.90 a share. It had previously expected fiscal-year revenue growth in local currency of 2% to 5% and adjusted earnings of $13.52 to $13.90 a share. Analysts see fiscal-year adjusted earnings of $13.86 a share. \n\n\n  \"We're accelerating our critical work with clients to scale advanced AI across their enterprise, and we're seeing strong AI-driven growth,\" said Chief Executive Julie Sweet. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 19, 2026 06:57 ET (10:57 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}