Accenture beats profit expectations in Q1 as digital investments pay off

Accenture Plc reported a better-than-expected quarterly profit, as the consulting and outsourcing services provider gained from its push into digital and cloud services.

The company also forecast current-quarter revenue between $9.15 billion and $9.40 billion, the low end of which was in line with analysts' estimates.

Digital, cloud and security services accounted for more than half of the company's revenue, Accenture Chief Executive Pierre Nanterme said in a statement.

Accenture has spent about $3.4 billion on nearly 70 acquisitions in the past three years, half of which was spent in the financial year 2017 alone as it