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Accenture's net revenue rises 5.1% in Q3

Shares of the company fell 1.3 per cent to $125.40 in premarket trading

Reuters 

Consulting and outsourcing services provider Accenture Plc reported a better-than-expected quarterly revenue on Thursday, as the company's investments to boost its digital and cloud services pay off. Shares of the company fell 1.3 per cent to $125.40 in premarket trading after Accenture trimmed its annual revenue forecast. The company said it now expects net revenue to rise 6 per cent to 7 per cent for the year ending August, compared with an earlier forecast for a 6 per cent to 8 per cent increase. Accenture, however, raised its forecast for full-year profit, ...

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First Published: Thu, June 22 2017. 17:40 IST
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