{"id":824373,"date":"2024-06-21T08:51:02","date_gmt":"2024-06-21T03:21:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=824373"},"modified":"2024-06-21T08:56:32","modified_gmt":"2024-06-21T03:26:32","slug":"accenture-narrows-full-year-guidance-q3-revenue-declines-1-to-16-47-bn","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/21\/accenture-narrows-full-year-guidance-q3-revenue-declines-1-to-16-47-bn\/","title":{"rendered":"Accenture narrows full-year guidance; Q3 revenue declines 1% to $16.47 bn"},"content":{"rendered":"<p>Information technology (IT) services and consulting major Accenture\u2019s third-quarter (Q3) 2023-24 (FY24) results continued to reflect pressure on discretionary spending, with growth driven by managed services deals. <\/p>\n<p>The company, considered a benchmark for the Indian IT services industry, revised its full-year revenue guidance, narrowing it to a growth range of 1.5 per cent to 2.5 per cent, compared to the previous 1 per cent to 3 per cent. <\/p>\n<p>Revenues for Q3FY24 totalled $16.47 billion, down from $16.56 billion in Q3 2022-23 (FY23), marking a 1 per cent decrease.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Information technology (IT) services and consulting major Accenture\u2019s third-quarter (Q3) 2023-24 (FY24) results continued to reflect pressure on discretionary spending, with growth driven by managed services deals. The company, considered a benchmark for the Indian IT services industry, revised its full-year revenue guidance, narrowing it to a growth range of 1.5 per cent to 2.5 per cent, compared to the previous 1 per cent to 3 per cent. Revenues for Q3FY24 totalled $16.47 billion, down from $16.56 billion in Q3 2022-23 (FY23), marking a 1 per cent decrease.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-824373","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=824373"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824373\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=824373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=824373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=824373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}