June 27, 2019 / 11:00 AM / 4 months ago

Accenture quarterly profit jumps as digital investments pay off

June 27 (Reuters) - Accenture Plc reported a 19.8% rise in quarterly profit on Thursday, as the provider of consulting and outsourcing services continues to receive benefits of digital and cloud services investment.

Net income attributable to the company rose to $1.25 billion, or $1.93 per share, in the third quarter ended May 31, from $1.04 billion, or $1.60 per share, a year earlier.

Net revenue rose to $11.10 billion from $10.69 billion, ahead of analysts' average estimates of $11.04 billion, according to IBES data from Refinitiv. (Reporting by Vibhuti Sharma in Bengaluru; Editing by Shailesh Kuber)

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