EY Reports 4% Revenue Growth as AI Consulting Offsets Deal Slowdown
EY has reported 4% annual revenue growth to $53.2 billion, with artificial intelligence consulting showing strong performance. The firm’s strategy and deal advisory business contracted amid global economic uncertainty, according to the financial report.
EY Posts Modest Revenue Growth Amid Shifting Business Landscape
Professional services firm EY has reported a 4% increase in annual global revenue, reaching $53.2 billion for the year ending June 2024, according to the company’s financial announcement. The growth reportedly came as artificial intelligence consulting work helped offset declines in the firm’s strategy and deal advisory segments.