Accenture quarterly revenue rises, investments to boost digital and cloud services pay off

Accenture, incorporated in Ireland, is beefing up its digital and cloud services as it seeks to gain market share from rivals.

By: Reuters | Published:September 29, 2016 5:11 pm
Accenture, Accenture quarterly revenue, Accenture revenue, Accenture revenue rises, Accenture investments, Accenture digital services, Accenture cloud services, Accenture income, Accenture income rise, business, business companies The company’s net income rose to .13 billion, or .68 per share, in the fourth quarter ended Aug. 31, from 8.13 million, or .15 per share, a year earlier. (Source: Reuters)

Accenture Plc, a provider of consulting and outsourcing services, reported a 7.6 percent rise in quarterly revenue as its investments to boost digital and cloud services pay off.

The company’s net income rose to $1.13 billion, or $1.68 per share, in the fourth quarter ended Aug. 31, from $788.13 million, or $1.15 per share, a year earlier. Revenue rose to $8.49 billion from $7.89 billion.

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Accenture, incorporated in Ireland, is beefing up its digital and cloud services as it seeks to gain market share from rivals including IBM Corp and India’s Infosys Ltd and Tata Consultancy Services Ltd.

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