6/23/2022, 1:12 PM (Source: TeleTrader)
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Accenture's revenue up 22% YoY to $16.2B in Q3

Accenture Plc posted Thursday that its revenues rose 22% yearly to $16.2 billion in the third quarter of fiscal 2022.

During the same period, the company's Earnings Per Share (EPS) saw a 16% increase to $2.79, with a quarterly cash dividend declared in June of $0.97 per share. Operating income amounted to $2.6 billion, 23% higher than in the same period a year earlier, and the operating margin was 16.1%, an increase of 10 basis points.

"We continue to gain significant market share, and our services have never been more relevant as our clients turn to us as the trusted partner for the solutions they need to accelerate growth and become more resilient and efficient," said Julie Sweet, Accenture's Chair & CEO. Accenture's shares rose after the report's release by 0.55% to sell for $287.98 at 7:03 am ET.

Baha Breaking News (BBN) / JG