Accenture does not stop growing based on the cloud and cybersecurity

Accenture, the Irish software consulting company, recently began to attract investors’ attention for its fantastic financial results and its forecasts for the next quarters.

First, Accenture recently reported revenues of US $ 14,970 million, an amount 19.4% higher than that estimated by analysts and investors. In turn, his earnings per share (EPS) was US$ 2,78 in the last quarter, while specialists expected only US $ 2.62.

“Our outstanding first quarter financial performance and ability to capitalize on market opportunities reflect continued market share gains,” he said. Julie Sweet, current executive director of the company.

As if this were not enough, the multinational company released its sales forecasts for the next quarter. Specifically, he announced that annual revenue growth is expected between 19% and 22%, when previously it was speculated with a rise of between 12% and 15%.

Among the reasons for this optimistic view is the fact that more and more customers are interested in the cloud and cybersecurity services offered by Accenture, factors that were strengthened with the arrival of the pandemic and the massification of remote work.

“This is the direct result of having implemented a strategy for years to rotate our business towards digital technology, the cloud and security,” said the executive.

After the news, Accenture’s shares listed on the New York Stock Exchange soared more than 10%. In this way, its annual performance continued to outperform the benchmark, since, while the company grew 57% in dollars, the S&P 500 appreciated “only” 25%.

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