Accenture ACN-N reported a second straight drop in quarterly new bookings on Friday and unveiled an organizational revamp to bolster its AI consulting services, as a cutback in U.S. government ...

Overall, Accenture's revenue rose 3% in the third quarter to $16.56 billion, in line with estimates. Adjusted profit of $3.19 per share beat estimates of $3.04 per share.

Accenture will promote almost 50,000 people worldwide in June as the company tries to boost morale after a six-month delay to weather a slump in demand for consulting services. The Dublin-based ...