Accenture narrows its revenue guidance to 1.5-2.5% in FY24

For fiscal 2024, IT bellwether, Accenture narrowed its revenue guidance to the range of 1.5% to 2.5% in local currency, compared to 1% to 3% it estimated earlier.

The Irish-American IT giant saw its Q3 revenue at $16.47 billion, up by 4.2% quarter on quarter (QoQ) and down by 0.6% on year. Accenture reported consulting revenues of $8.46 billion, and managed services revenues of $8.01 billion for the same period.