December 19 - 14:12
Digital and cloud sees Accenture beat quarterly estimates
Accenture has reported better-than-expected results for its first quarter, driven by growth its digital and cloud business. In recent years, it has shifted from a consultancy to a tech services model - a move that is now bearing fruit. The company reported gross margin of 32.1%, compared with 31.1% a year earlier. New CEO Julie Sweet said Accenture has "unparalleled technology capabilities".
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