Friday, July 11, 2025

Creating liberating content

Niagara Falls is one of the most stunning natural wonders

Jensen Huang, CEO of Nvidia, holds a motherboard as he

The Reserve Bank on Friday said it has imposed a

Related News

Niagara Falls is one of the most stunning natural wonders in the world, it’s a fact that no one can deny. Though it’s beautiful in every season, when winter takes

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France,

US stocks opened lower on Friday, pulling major indexes off their record highs from the previous session, as investor sentiment turned cautious following President Donald Trump’s fresh tariff announcements.The S&P

The Reserve Bank on Friday said it has imposed a Rs 4.88 lakh penalty on HDFC Bank for contravention of certain norms relating to foreign investment in India while granting

This Optical illusion challenges the viewer to find a set of skis cleverly disguised in a beach scene filled with red-and-white striped chairs and umbrellas. At first glance, everything looks

Elon Musk meets with Indian Prime Minister Narendra Modi at Blair House in Washington DC, USA on February 13, 2025. Anadolu | Anadolu | Getty Images Tesla will open a

Trending News

TCS had previously disclosed in April that salary increases would be postponed due to business uncertainties. (AI image) Employees of Tata Consultancy Services (TCS) will have to wait a little

‘The Best You’ features India’s comedy queen, Bharti Singh, who shares her story resilience and reinvention Klook, Asia’s leading platform for travel experiences and services, launched its new campaign titled

Britain’s economy contracted for the second consecutive month in May, dealing a blow to finance minister Rachel Reeves as she navigates a shaky domestic recovery and heightened global uncertainty. Official

Slow US-China trade deal may push Trump’s tariff deadlines Trade deals between the US and China are moving at a pace slower than expected, which may lead to extensions of

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1752215691.16ea1cd4 Source link

Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its

Accenture Q3 earnings: Revenue rises 8% to $17.7 billion on Gen-AI momentum; Gen-AI revenue tops $700 million

Word Count: 591 | Estimated Reading Time: 3 minutes


Accenture Q3 earnings: Revenue rises 8% to $17.7 billion on Gen-AI momentum; Gen-AI revenue tops $700 million

Accenture on Friday reported an 8% year-on-year rise in revenue to $17.7 billion for the March-May quarter of FY25, supported by growing demand for AI-related services. The Ireland-headquartered IT services firm, which follows –a September-August fiscal calendar, also raised the lower end of its full–year revenue growth guidance to 6-7% in local currency from 5-7% earlier.The company’s Q3 performance included a modest positive foreign exchange impact of 0.5%, it said in a statement. Accenture’s gross margin for the quarter stood at 32.9%, compared with 33.4% in the same period last year.Accenture Chair and CEO Julie Sweet said, “We continue to deliver on our strategy to be our clients’ reinvention partner of choice and lead in Gen-AI,” highlighting that Gen-AI bookings for the quarter hit $1.5 billion, with revenues exceeding $700 million. Year-to-date, Accenture has secured $4.1 billion in Gen-AI bookings and generated $1.8 billion in revenue.According to the company, new bookings in Q3 totalled $19.7 billion, down 6% in US dollar terms. Of this, $9.08 billion came from consulting services and $10.62 billion from managed services. The Americas remained the largest contributor with $8.97 billion in revenue, followed by EMEA at $6.23 billion and Asia-Pacific at $2.53 billion.Accenture said its global workforce stood at 7.9 lakh at the end of the quarter. Its data and AI employee count has reached around 75,000, and the firm aims to expand that to 80,000 by FY26.The company ended the quarter with a total cash balance of $9.6 billion and expects Q4 FY25 revenues in the range of $17 billion to $17.6 billion.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account