India IT Services Accenture – Strong Q4 but guidance disappoints – Religare Securities Ltd

Religare Securities

This gallery contains 1 photo.

Source: Religare Securities Ltd Accenture’s (ACN) Q4FY15 revenues of US$ 7.9bn (+12% YoY LC) beat expectations with growth across segments. New bookings were up 6% YoY to US$ 8.8bn. However full-year guidance (FY16) of 5-8% came in below expectations and absence of new bookings guidance is a dampener. The guidance…

Continue reading