Accenture logs $18 billion Q3 revenue, revenue misses estimates

▤ Summary

Accenture reported $18.7 billion in third-quarter revenue, which missed Wall Street estimates and pointed to softer IT demand. The company also lowered full-year constant-currency revenue growth guidance to 3-4% after seeing slower decision cycles and some deal delays. The article highlights how weaker discretionary tech spending and regional headwinds are affecting large IT services deals. It also notes that Accenture is leaning into acquisitions in cybersecurity and infrastructure visibility to expand its capabilities. For vendors and partners, the slowdown and ongoing deal shifts suggest a need to focus on modernization, consolidation, and managed services opportunities.

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