Accenture’s (ACN) health care business just got a boost from HealthCare.gov. The tech service and consulting firm late Monday said the Centers for Medicare and Medicaid Services signed Accenture to a five-year, $563 million contract to continue its work in supporting the health insurance marketplace website Healthcare.gov. The contract is with Accenture Federal Services, a wholly owned subsidiary of Accenture. Accenture stock, though, was down a
Accenture is showing more positive signs, and investors are responding. Shares of the management consulting, tech services and outsourcing services company hit an all-time high Thursday after the company posted fiscal Q1 earnings and revenue that soundly beat estimates. The midpoint of the company’s revenue outlook for Q2, however, was slightly behind views. Accenture (ACN) also raised its revenue outlook for the year, based on local currency, but
Accenture (ACN) early Thursday posted fiscal Q1 earnings and revenue that soundly beat analyst estimates, fueled by strong growth in four of its five core operating groups, and its stock hit an all-time high. The management consulting, tech service and outsourcing company gave a revenue forecast for the current quarter that was slightly shy of Wall Street views. Accenture also raised its revenue outlook for the year in local currency, but tempered