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Accenture cuts annual revenue forecast

By Thomson Reuters Mar 21, 2024 | 5:47 AM

(Reuters) – IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to cut spending on its consulting services.

The company now expects revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai)