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Accenture Reports Strong Third-Quarter Fiscal 2023 Results

Revenues are $16.6 billion, an increase of 3% in U.S. dollars and 5% in local currency GAAP operating margin is 14.2% compared to 16.1% in the third quarter of fiscal 2022; adjusted1 operating margin is 16.3%, an expansion of 20 basis points Very strong GAAP EPS of $3.15, a 13% increase compared to $2.79 in the third quarter of fiscal 2022; adjusted EPS of $3.19, a 14% increase New bookings are $17.2 billion, an increase of 2% in U.S. dollars and 4% in local currency Free cash flow is $3.15 billion for the quarter compared to $2.87 billion in the third quarter of fiscal 2022 Company declares quarterly cash dividend of $1.12 per share, an increase of 15% year-over-year Accenture updates business outlook for fiscal 2023, now expects: full-year revenue growth of 8% to 9% in local currency and foreign-exchange impact of negative 4%; GAAP operating margin of 14.2%; adjusted operating margin of 15.4%; GAAP EPS of $10.94 to $11.05; adjusted EPS of $11.52

Mass Immigration Experiment Gives Canada an Edge in Global Race for Labor

(Bloomberg) At a time industrialized countries around the world are confronting declining birth rates and aging workforces, Canada is at the forefront of betting on immigration to stave off economic decline.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Tucker Carlson's Fox Defense Crumbled When He Took MillionsBlinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesA country about as

Mass immigration experiment gives Canada edge in global labour race

Mass immigration experiment gives Canada edge in global labour race
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