| Accenture reports strong Q2 results |
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| | 11% in local currency.
Consulting and outsourcing revenues both grew by double digits in US dollars and in local currency, with outsourcing revenues the highest for any quarter.
Consulting net revenues were $3.35bn, an increase of 18% in US dollars and 11% in local currency, while outsourcing net revenues reached $2.26bn. All | |
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| | geographical regions also reported double-digit growth.
Earnings per share were $0.64, an increase of 36% over the second quarter of fiscal 2007, driven by higher operating income and a lower tax rate in the quarter.
In addition, the company has raised its outlook for earnings per share for the full | |
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| | fiscal year 2008 to a range of $2.55 to $2.60 from the previous range of $2.36 to $2.41 provided during the first-quarter earnings announcement in December 2007.
New bookings were $6.44bn, with record quarterly consulting bookings of $3.79bn accounting for 59% of bookings. Outsourcing accounted for 41% at | |
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| | $2.65bn.
For the full fiscal year 2008, Accenture continues to expect net revenue growth in the range of 9% to 12% in local currency.
Accenture expects net revenues for the third quarter of fiscal 2008 to be in the range of $5.85bn to $6.05bn. | |
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| | Accenture has reported strong financial results for the second quarter of fiscal 2008, ended 29 February, with net revenues of $5.61bn, a year-over-year increase of 18% in US dollars and | |
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