Brief: Accenture CEO Q3 Revenue Impact Of About $100 Million Compared To Expectations Due To Middle East Conflict - Conf Call
BRIEF-Accenture CEO Q3 Revenue Impact Of About $100 Million Compared To Expectations Due To Middle East Conflict - Conf Call June 18 (Reuters) - Accenture PLC ACN.N:
ACCENTURE CEO: Q3 REVENUE IMPACT OF ABOUT $100 MILLION COMPARED TO EXPECTATIONS DUE TO MIDDLE EAST CONFLICT - CONF CALL
ACCENTURE CEO: IN Q3, MIDDLE EAST SALES WERE IMPACTED BY ABOUT $400 MILLION
ACCENTURE CEO: NOW EXPECT TO DEPLOY APPROXIMATELY $9 BILLION OF CAPITAL ON ACQUISITIONS THIS YEAR
ACCENTURE CEO: ON TRACK TO MORE THAN DOUBLE OUR BOOKINGS FROM KEY AI AND DATA PARTNERS COMPARED WITH FY25
ACCENTURE CEO: LAUNCHING A NEW BUSINESS NEXT WEEK CALLED ACCENTURE EDGE
ACCENTURE CFO: NINE MONTHS INTO THE FY26, INVESTED $3 BILLION, PRIMARILY IN 13 ACQUISITIONS
ACCENTURE CFO: EXPECT TO ANNIVERSARY FEDERAL BUSINESS HEADWIND AND GET BACK TO GROWTH IN Q4
ACCENTURE CFO: "GIVEN THE MACRO UNCERTAINTY, WE EXPECT MORE OF THE GUIDED RANGE TO BE IN PLAY FOR Q4"
ACCENTURE CEO ON MIDDLE EAST: "INDIRECT IMPACT REALLY STARTED IN THE LAST FEW WEEKS AND MOSTLY IN DISCRETIONARY SPEND"
ACCENTURE CEO ON MIDDLE EAST: "WE DO THINK THAT THERE WILL BE MORE IMPACT IN Q4, WHICH IS WHY WE'RE SAYING THAT MORE OF THE RANGE IS IN PLAY"
Further company coverage: ACN.N
((Reuters.Briefs@thomsonreuters.com;))
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