MAAT INDEX

CLAIM #3542 · Accenture plc (ACN) · 2023Q1 earnings call · Dec 16, 2022 · due Aug 31, 2023

So for the full year, at the top end of our range, we see Consulting high single digits, and we see Managed Services continue to grow double digits.

KC McClure · CFO

PENDING
graded after results covering Aug 31, 2023 are reported

In context

n Managed Services is on fire because we could digitize faster, get that compressed transformation, help them access the talent and lower cost. So back to you, Bryan. Operator: Your next question comes from the line of Tien-Tsin Huang from JPMorgan. Please go ahead. Tien-Tsin Huang: Okay. Just to – and good morning. I just add to the Bryan's last question here, just as on the visibility side, especially in consulting relative to Managed Services. And given, Julie, what you just said there, any change in your thinking on mix of growth across Consulting versus Managed Services, asking for both, I guess, bookings as well as revenue here? KC McClure: Yes. I'll take – Hey, Tien-Tsin. I'll take the -- in terms of the outlook for how we see growth going by our various – by our two types of work. So for the full year, at the top end of our range, we see Consulting high single digits, and we see Managed Services continue to grow double digits. And as it relates to outlook and bookings, what we're seeing is that we do have a strong pipeline and we actually see continued strong pricing in that pipeline. And we do see that we will have a solid bookings quarter in Q2, and that includes Consulting. It's likely -- it will likely be lower though than the record bookings in Consulting that we had last quarter, and we expect to continue to see really strong bookings in Managed Services. Julie Sweet: Yes, and we're going to continue to focus our Strategy & Consulting expertise on these platform and cloud-led transformation. Tien-Tsin Huang: Gotcha. Okay. Perfect. Then a quick follow, if you don't mind. I heard the pricing favorable utilization looks like it's steady attrition nicely, better or lower, 13%, I think I saw on the sheet there

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SEC filings for ACN · Claim quote is verbatim from the 2023Q1 earnings call.