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Accenture 2Q Health, Public Service Net Revenue Up 13%; Pierre Nanterme Comments

Pierre Nanterme
Pierre Nanterme

Accenture (NYSE: ACN) has announced financial results for its second quarter of fiscal year 2013, ended Feb. 28, 2013.

The consulting and technology services provider reported $1.19 billion in net revenue for its health and public service segment, a 13 percent increase in both U.S. and local currency over the prior year period.

For the first six months, health and public service net revenue grew 12 percent in U.S. currency and 13 percent in local currency over the prior year period.

Total net revenue was $7.1 billion, 4 percent higher than the prior year period, going from $6.8 billion in second quarter 2012 to $7.1 billion.

Accenture’s guided range for that figure was between $6.9 billion and $7.15 billion, assuming a foreign exchange impact of negative 1 percent

“Our revenue growth was within our guided range for the quarter, including a 10 percent local-currency increase in outsourcing, ” said Pierre Nanterme, chairman and CEO.

Consulting bookings reached a new record of $4.4 billion and the company also booked $4.7 billion in outsourcing business, with outsourcing net revenue growing 9 percent in U.S. currency.

The company also declared an 81-cent per share dividend on its Class A stock for shareholders of record at the close of business on April 12, payable on May 15.

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