Accenture said its board has also approved an additional share repurchase program of $5 billion. Photo: MintBengaluru: Accenture Plc’s fourth-quarter revenue and profit beat Wall Street estimates on Thursday as investments in its fast-growing digital and cloud services businesses paid off. Shares of the consulting and outsourcing services company were marginally up in premarket trading. Revenue from its digital, cloud and security-related services, which the company terms as “the New”, made up more than 60% of total revenue. Net revenue rose to $10.15 billion, ahead of estimates of $10.01 billion.

Source: Mint September 27, 2018 11:30 UTC