Summary by Moomoo AI
Accenture plc released its second-quarter financial results for fiscal year 2024 on March 21, 2024. The report, which covers the period ending February 29, 2024, was announced via a news release and is accompanied by non-GAAP financial measures. These measures include free cash flow, local currency basis changes in revenues and bookings, and adjusted financial metrics that exclude business optimization costs and gains from an investment. Accenture's management believes these non-GAAP measures provide additional insight into the company's liquidity and facilitate a meaningful comparison of revenues by excluding the impact of foreign currency exchange rate fluctuations. The news release also contains reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures. The financial information is furnished but not filed and should be seen as supplemental to the GAAP-compliant financial information.