Consulting and outsourcing company Accenture Plc raised its full-year revenue growth forecast for the second time as it won more business, mainly in its outsourcing unit, from companies looking to cut costs.
The company also reported higher-than-expected quarterly profit and revenue on Thursday, helped by growth in outsourcing revenue from North American clients.
Accenture's shares rose 3 percent in premarket trading on Thursday.
Revenue in the company's outsourcing business, which accounts for almost half its total revenue, rose 6 percent in US dollar terms in the second quarter, while revenue in its consulting business grew 4 percent.
Accenture said it expected revenue to grow 8-10 percent on a local-currency basis in the year ending August.
The company had raised its revenue growth forecast to 5-8 percent in December from 4-7 percent it forecast initially.
Accenture, however, cut the top end of its full-year earnings forecast range, saying it expected the negative impact of a strong dollar to be higher than previously anticipated.
Accenture, which gets a little more than half of its revenue from outside North America, narrowed its profit forecast range to USD 4.66-USD 4.76 per share from USD 4.66-USD 4.80.
The company's net income rose to USD 743.2 million, or USD 1.08 per share, in the quarter ended Feb. 28 from USD 722.3 million, or USD 1.03 per share, a year earlier.
Net revenue rose 5 percent to USD 7.49 billion.
Analysts on average had expected a profit of USD 1.07 per share and revenue of USD 7.38 billion, according to Thomson Reuters I/B/E/S.
Accenture's shares were trading at USD 91 before the bell.
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