Accenture Q4 Beats Expectations, AI Drives Growth

Accentures Q4 results surpassed expectations, with revenue of $18.74 billion and adjusted earnings per share of $3.94. The surge in demand for digital transformations and enterprise AI projects drove growth, with advanced AI revenue topping $1.1 billion and AI bookings nearly doubling from last year. Despite concerns about new AI partnerships and discretionary IT spending, management remains optimistic about the first quarter and full-year guidance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.