(Reuters) -Accenture on Thursday reported fourth-quarter revenue slightly above Wall Street estimates, driven by resilient demand from enterprise clients for its AI-driven consulting and services.
Shares of the Dublin-based company were up 3.7% in choppy premarket trading.
Businesses are scaling up AI projects, digitizing core operations and prioritizing data security to drive growth and cut costs, trends that benefit Accenture.
The company recorded new bookings of $21.3 billion for the quarter.
The company posted fourth-quarter revenue of $17.6 billion, beating analysts’ average estimate of $17.36 billion, according to data compiled by LSEG.
(Reporting by Kritika Lamba in Bengaluru: Editing by Tasim Zahid)
Comments