Push to digital helps Accenture beat revenue estimate
Consulting and outsourcing services provider Accenture Plc (ACN.N) reported better-than-expected quarterly revenue and profit as its investments to boost digital and cloud services pay off.
Shares of the company were up 5.4 percent on Thursday and was the biggest boost on the S&P 500. They touched a record high of $124.96 earlier in the session.
Increasing demand for digital services from businesses has forced IT service providers to beef up their security, cloud and analytics services. Accenture said it would continue with its push to the services which it refers to as "The... read more
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