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Accenture’s net revenue rises 5.1%

LiveMint logoLiveMint 22-06-2017 Rishika Sadam

Bengaluru: Consulting and outsourcing services provider Accenture Plc reported a 5.1% increase in quarterly net revenue on Thursday, as the company’s investments to boost its digital and cloud service offerings pay off.

Net revenue rose to $8.87 billion from $8.43 billion in the third quarter ended 31 May.

Net income attributable to Accenture fell to $669.5 million or $1.05 per share, from $897.2 million or $1.41 per share a year earlier.

Accenture has been investing heavily on acquisitions to boost its digital, cloud and security-related offerings, which make up about half its total revenue. Reuters

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