Accenture reports drop in quarterly profits
September 28 , 2012
Technology outsourcing and consulting company Accenture posted a lower quarterly profit on Thursday.
The decline came on the back of higher tax rates.
Net income fell to $636 million, equivalent to around 88 cents per share, in the fourth quarter. That compares to $683 million, or 91 cents per share, in the same period last year.
Revenue increased 2 percent to $6.83 billion.