Accenture's business grows at pre-pandemic levels, raises revenue forecast

IT consulting firm Accenture said on Thursday it has bounced back to pre-pandemic growth levels and raised its full-year revenue forecast as more businesses use its digital services to shift operations to the cloud.
 

The company's shares rose 4.1% to $275.05 in premarket trading.
 

After the Covid-19 pandemic forced companies to expedite their move to the cloud, Accenture doubled down on its digital services by aggressively investing in the technology.
 

The company, which has clients across industries, including health and financial services, acquired a number of cloud-focused ventures during the second quarter.
 

"We have returned to overall pre-pandemic growth ahead