What are the main financial results reported in this 8-K filing?

This 8-K filing itself does not contain the specific financial results. Instead, it refers investors to a furnished news release (Exhibit 99) issued on June 22, 2023, which details Accenture's financial results for the third quarter of fiscal year 2023.

What non-GAAP financial measures does Accenture highlight in this filing?

Accenture highlights free cash flow, percentage changes in revenues and bookings on a local currency basis, and adjusted financial measures that exclude the impact of business optimization costs and a gain on an investment.

Why does Accenture use these non-GAAP financial measures?

Accenture's management believes that these non-GAAP measures provide additional meaningful information for investors. Free cash flow is seen as a measure of liquidity, local currency changes help in comparing performance without currency fluctuations, and adjusted measures help in understanding the underlying business performance by excluding specific one-time items.

Where can I find the actual financial numbers and reconciliations for these non-GAAP measures?

The detailed financial results, including reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures, are available in the news release attached as Exhibit 99 to this 8-K filing.

ACN 8-K: Earnings & Results

Summary

Accenture plc (ACN) filed an 8-K on June 22, 2023, to report its financial results for the third quarter of fiscal year 2023, ending May 31, 2023. The filing primarily references a furnished news release (Exhibit 99) containing these results and the associated non-GAAP financial measures. Investors should refer to the news release for specific figures related to revenue, earnings, and other key performance indicators. Accenture's management emphasizes the utility of non-GAAP measures like free cash flow, local currency revenue/bookings changes, and adjusted figures excluding business optimization costs and investment gains for a clearer understanding of operational performance and liquidity. The primary purpose of this 8-K is to officially disseminate the Q3 FY2023 financial results. While the 8-K itself provides limited detail beyond referencing the news release and outlining the non-GAAP metrics used, it signals the completion of the reporting period and the availability of updated financial performance data. Investors are encouraged to review the attached news release for comprehensive financial details, including reconciliations of non-GAAP measures to GAAP equivalents.

Key Highlights

1Accenture announced its third quarter fiscal year 2023 financial results on June 22, 2023.
2The 8-K filing primarily serves to attach a press release (Exhibit 99) containing the Q3 FY2023 financial results.
3The filing highlights the use of several non-GAAP financial measures by Accenture's management.
4Key non-GAAP measures discussed include free cash flow, revenue/bookings changes in local currency, and adjusted figures excluding specific costs and gains.
5Accenture's management believes these non-GAAP measures offer meaningful insights into the company's liquidity and operational performance.
6Reconciliations of non-GAAP measures to GAAP are provided within the referenced news release.
7Investors should consult the June 22, 2023 news release for detailed financial figures and analysis.

Accenture plc 8-K Report, Financial Results (Jun 22, 2023)

Summary

Key Highlights

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