Accenture's Americas revenues reach US$3.1bn in fiscal Q1

Monday, December 19, 2011

US consulting and technology services firm Accenture (NYSE: ACN) posted revenues of US$3.1bn in the Americas in fiscal 1Q12, ended November 30, up from US$2.6bn in the year-ago period, the company said in a statement.

The company's overall net revenues for the period reached US$7.1bn, up 14% in local currency compared to the year-ago quarter. Accenture said that figure reflects a positive foreign exchange impact of 3% compared with the first quarter of fiscal 2011.

Accenture's net profits reached US$712mn, up from US$606mn in fiscal 1Q11.

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Accenture expects global net revenues for the second quarter of fiscal 2012 to be in the range of US$6.5bn-6.8bn. For full fiscal 2012, the company forecasts 7-10% net revenue growth in local currency.

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