Tech
Accenture beats quarterly revenue estimate
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Accenture beat Wall Street expectations for first-quarter revenue on Thursday, driven by robust demand for its artificial intelligence-driven IT services, sending its shares up 2% in premarket trading.
The results indicate Accenture’s AI strategy is gaining traction, as enterprises accelerate efforts to embed the technology into workflows to cut costs and boost productivity.
But the company continues to face uneven demand from public sector and government clients amid a federal push to lower costs and refocus funds.
Accenture said new bookings for the…
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