Luxtious Review: Accenture’s AI Business Drives Strong Q4 Results & $4B Buyback

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Luxtious Review: Accenture’s AI Business Drives Strong Q4 Results & $4B Buyback

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4 Views • Sep 26, 2024 • Click to toggle off description

Accenture beat expectations for Q4 with earnings of $2.79 per share, driven by the rapid growth of its generative AI services. The company’s AI bookings reached $3 billion for the year, as businesses increasingly adopt automation to cut costs and boost efficiency. Accenture also announced a $4 billion share buyback, reflecting confidence in its future growth despite a modest forecast for the upcoming quarters.

#Accenture #AI #GenerativeAI #ACN #ShareBuyback #IT #Automation #Tech #Q4Results #Luxtious #LuxtiousReview

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RYD date created : 2024-09-26T20:44:40.899199Z
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