Q : Given the change in administration, will Accenture adjust its strategy regarding the US federal government? A : Julie Sweet, CEO: Our core competencies in federal work, such as driving efficiencies and securing critical infrastructure, align well with the government's mission. We are well-positioned to continue supporting federal initiatives, leveraging our commercial solutions and strong ecosystem partnerships.

Q : With the raised revenue guidance, are you assuming any improvement in consulting? A : Angie Park, CFO: No change from our previous guidance. The top end of our range doesn't assume material improvement in consulting. Our over-delivery in Q1 was due to better-than-expected performance in large deals.

Q : Can you discuss the hiring trends and whether they indicate a bullish outlook? A : Angie Park, CFO: We added about 24,000 people in Q1, reflecting business momentum. Hiring is concentrated in India, and we continue to manage supply and demand effectively. This hiring supports our organic growth momentum.

Q : Are there any changes in the dynamics of European demand over the next 12 months? A : Julie Sweet, CEO: Europe is in a more challenging environment, but our guidance reflects our confidence in our business there. We remain relevant to our clients and feel good about the demand environment, which is factored into our raised guidance.

For the complete transcript of the earnings call, please refer to the full earnings call transcript .

This article first appeared on GuruFocus .