Global consulting firm Accenture has announced quarterly earnings rose to $118.7 million (€110 million) from $10.6 million a year earlier.
Excluding minority interest and nearly $211 million in investment losses the year before, the company, which employs 600 in Dublin, earned $249.9 million, or 25 cents per share, compared with $236.1 million, or 23 cents per share, a year earlier.
Accenture also repeated its forecast for modest earnings growth and flat to slightly higher revenue for the year ending in August if conditions do not worsen.
"Our assumption for the rest of the year . . . is that the market will not hand us much in terms of demand improvement," chief executive Mr Joe Forehand told analysts on a conference call. He said the consulting environment would not worsen.
However, shares of Accenture rose 84 cents, or about 6 per cent, to close at $14.90 in New York Stock Exchange trade.
Agencies