Monday, March 29, 2010

Accenture Q2-2010 Fall Short, But New Bookings Assures Investors

Accenture recently reported its Q2-2010 quarterly results for the quarter ending Feb. 28, 2010 with revenues of $5.18 billion, down 2% in U.S. dollars but 8% in local currency from Q2-2009 revenue of $5.27 billion. Consulting revenues $2.93 billion, down 3% in US dollar terms and Outsourcing revenues were $2.24 billion, flat in U.S. dollar terms. Q2-2010 net income was $462 million, compared with $502 million for Q2-2009...

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