Summary
This 8-K/A filing from Accenture plc (ACN) on December 16, 2022, serves as an amendment to a previous filing, primarily to attach an updated news release detailing the company's financial results for the first quarter of fiscal year 2023, ending November 30, 2022. The filing emphasizes the company's financial performance and operational highlights as presented in the accompanying press release. Investors should note that the information furnished herein is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act or otherwise subject to the liabilities of that section. The report also clarifies the use of non-GAAP financial measures, including free cash flow and local currency revenue/booking changes, which management believes offer valuable insights into the company's performance and liquidity, while also providing reconciliations to GAAP measures.
Key Highlights
- 1Accenture reported its financial results for the first quarter of fiscal year 2023.
- 2The filing includes a news release with detailed financial performance and operational metrics.
- 3Key non-GAAP financial measures disclosed are free cash flow and revenue/bookings changes on a local currency basis.
- 4Management believes these non-GAAP measures provide meaningful additional information on liquidity and operational comparison, excluding currency fluctuations.
- 5Reconciliations between non-GAAP and GAAP financial measures are available within the provided news release.
- 6The information furnished in the news release is supplemental and should not substitute for GAAP financial information.
- 7The filing includes Exhibit 99, the news release dated December 16, 2022.