Accenture, the world's largest consulting firm, on Thursday posted a $369 million quarterly loss after charges for stock awards to partners and employees, and marketing costs for its name change.
The Bermuda-based company, formerly known as Andersen Consulting, said it booked a $34 million profit before charges in its fourth fiscal quarter, ended Aug. 31, helped by strong demand for outsourcing services. Accenture, which went public in a $1.7 billion stock offering in July, weathered a rough consulting season marred by job cuts and cutbacks in technology spending as the economy slowed.
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10 Challenges That HP Wants Partners To Tackle Right Now CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference. |
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VAR500: IBM Strikes Deal With Ukraine Bank; HP Bolsters Health-Care Practice CRN VAR500 solution providers win health-care contracts, work on European banking solution, create a platform for microlending, sharing info on cloud computing and more. |
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Five Companies That Dropped The Ball This Week For the week ending Feb. 3, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions. |
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