Figurines with computers and smartphones are seen in front of Accenture logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday as economic uncertainty prompts clients to curb spending on its consulting services, sending its shares plunging around 7% in morning trading.
Accenture now expects full-year revenue growth in the range of 1% to 3%, from its earlier growth forecast of 2% to 5%.
