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Shares of the company were down 2.7 percent at $123.11 before
the bell.
Operating costs rose 4.3 percent to $7.62 billion in the second
quarter ended Feb. 28.
Accenture has been investing heavily in fast-growing businesses
such as digital and cloud services, amid stiff competition from
Cognizant Technology Solutions Corp and IBM.
The company forecast current-quarter revenue between $8.65
billion and $8.90 billion. Analysts on average were expecting
revenue of $8.80 billion, according to Thomson Reuters I/B/E/S.
Net income attributable to Accenture fell to $838.8 million or
$1.33 per share in the second quarter, from $1.33 billion or
$2.08 per share, a year earlier.
Profit in the year-ago quarter was benefited by a $553.6 million
gain on the sale of some businesses.
Accenture's net revenue rose 4.7 percent to $8.32 billion,
helped by strong demand for its digital, cloud and
security-related services, which make up more than 40 percent of
revenue.
Analysts on average had expected second-quarter profit of $1.30
per share and revenue of $8.34 billion.
(Reporting by Rishika Sadam in Bengaluru; Editing by Sai Sachin
Ravikumar)
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