Bolstered by higher sales and lower costs, consulting giant Accenture posted a 25 percent hike in fourth-quarter profits, to $229.1 million, versus the year-ago period.
For the period ended Aug. 31, the company said that fourth-period revenue grew 13 percent, to $4.3 billion, which was aided by 11 percent and 21 percent gains in consulting revenue and outsourcing revenue, respectively.
The Hamilton, Bermuda-based company said that it would begin expensing stock options in fiscal 2006.
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