Professional technology and consulting services company Accenture (ACN.US) announced that net profit for the third fiscal quarter ended May fell 4% year-on-year to $19.32 billion, quarterly diluted earnings per share of $3.04, adjusted to $3.13, and the market expected $3.15 and quarterly dividend of $1.29 per share.
Quarterly revenue fell less than 1% year-on-year to $164.67 billion, with market expectations of $165.3 billion. New orders for the quarter were $210.6 billion, up 22% year-on-year. Artificial intelligence new orders generated more than $9 billion, and total AI orders generated this fiscal year were $20 billion.
Accenture's share price rose 7.3% yesterday (20 days) to settle at $306.16.