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What’s Driving Accenture’s Bookings Growth?

Aaron Hemsworth
What’s Driving Accenture’s Bookings Growth?

Accenture (ACN) generated bookings of $10.8 billion in the fourth quarter of fiscal 2018, its highest level in the last eight quarters and second best overall. Bookings for the company grew 7% YoY driven by the 19.8% YoY improvement in consulting bookings. However, they were offset by the 6% drop in its outsourcing bookings.