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Accenture enjoys strong Q1

New York: Accenture reported financial results for the first quarter of fiscal 2015, ended Nov. 30, 2014, with record net revenues of $7.9 billion, an increase of 7 percent in U.S. dollars and 10 percent in local currency over the same period last year. Operating income was $1.19 billion, an increase of 9 percent over the same period last year, and operating margin was 15.0 percent, a year-over-year expansion of 20 basis points. New bookings for the quarter were $7.7 billion, with consulting bookings of $3.9 billion and outsourcing bookings of $3.8 billion.

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