Business Standard

Accenture posts strong Q2, warns of potential impact from Ukraine conflict

Accenture forecast third-quarter revenue above Wall Street estimates, but it excluded the impact of the war

accenture
Premium

Reuters
IT consulting firm Accenture Plc said on Thursday its operations could be adversely impacted if the Russia-Ukraine conflict escalates, as the sanctions on Moscow increase the level of economic and political uncertainty.

Accenture forecast third-quarter revenue above Wall Street estimates, but it excluded the impact of the war.

The company said its forecast did not include "assumptions for a significant escalation or expansion of economic disruption or the conflict's current scope."

Shares of the Dublin, Ireland-based company rose nearly 5% in premarket trading. The stock has fallen nearly 22% so far this year.

Earlier this month, Accenture said it was

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in