Accenture (ACN) falls after soft results, guidance

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Accenture Reports Fourth-Quarter and Strong Full-Year Fiscal 2023 Results

September 28, 2023 6:44 AM EDT

-- For the fourth quarter, revenues are $16.0 billion, an increase of 4% in both U.S. dollars and local currency; GAAP operating margin is 12.0%, compared to 14.7% in the fourth quarter of fiscal 2022; adjusted1 operating margin is 14.9%, an expansion of 20 basis points --

-- For full fiscal year, revenues are $64.1 billion, an increase of 4% in U.S. dollars and 8% in local currency; GAAP operating margin is 13.7%, compared to 15.2% in fiscal 2022; adjusted operating margin expands 20 basis points to 15.4% --

-- For the fourth quarter, GAAP EPS are $2.15, compared to $2.60 in the fourth quarter of... More