Earnings release
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Accenture Reports Very Strong Second - Quarter Results and Raises Business Outlook for Fiscal 2021 - Revenues are $ 12.1 billion , an increase of 8 % in U.S. dollars and 5 % in local currency , approximately $ 140 million above the company's guided range , including a reduction of approximately 2 percentage points from a decline in revenues from reimbursable travel costs -- New bookings are a record $ 16.0 billion , a 13 % increase from the second quarter last year , with record bookings in both consulting and outsourcing , at $ 8.0 billion each -- GAAP EPS are $ 2.23 , a 17 % increase from $ 1.91 for the second quarter last year , including gains on an investment of $ 0.21 and $ 0.07 , respectively ; excluding these gains , adjusted EPS of $ 2.03 are up 10 % from $ 1.84 in the second quarter last year - -- Operating income increases 11 % to $ 1.65 billion , with operating margin of 13.7 % , an expansion of 30 basis points -- -- Company announces one - time bonus , equal to one week of base pay , for all people below managing director - -- Company declares quarterly cash dividend of $ 0.88 per share , up 10 % from a year ago -- -- Accenture raises all elements of its business outlook for fiscal 2021 ; now expects full - year revenue growth of 6.5 % to 8.5 % in local currency ; operating margin of 15.0 % to 15.1 % ; GAAP EPS of $ 8.67 to $ 8.85 ; adjusted EPS of $ 8.32 to $ 8.50 ; free cash flow of $ 7.0 billion to $ 7.5 billion ; and cash returned to shareholders of at least $ 5.8 billion NEW YORK ; Mar. 18 , 2021 – Accenture ( NYSE : ACN ) reported financial results for the second quarter of fiscal 2021 , ended Feb. 28 , 2021 , with revenues of $ 12.1 billion , an increase of 8 % in U.S. dollars and 5 % in local currency over the same period last year . Revenue growth for the quarter was reduced approximately 2 percentage points by a decline in revenues from reimbursable travel costs . GAAP diluted earnings per share were $ 2.23 , a 17 % increase from $ 1.91 for the second quarter last year , including gains on an investment of $ 0.21 and $ 0.07 , respectively . On an adjusted basis , EPS of $ 2.03 increased 10 % from $ 1.84 for the second quarter last year . Operating income was $ 1.65 billion , an 11 % increase over the same period last year , and operating margin was 13.7 % , an expansion of 30 basis points . New bookings for the quarter were a record $ 16.0 billion , with record bookings in both consulting and outsourcing , at $ 8.0 billion each . The company also announced a one - time bonus , equal to one week of base pay , for its people below managing director . This bonus recognizes the exceptional contributions and dedication of all Accenture people to its clients during this challenging year . Julie Sweet , Accenture's chief executive officer , said , “ With our outstanding second - quarter financial results , we have returned to overall pre - pandemic growth ahead of expectations while continuing to take market share faster than before the pandemic . We have seen another quarter