Accenture Reports Net Income of $2.01 Billion for the Third Quarter of 2023

Accenture,(ACN) a global professional services company, has released its financial statements for the third quarter ended May 31, 2023. The company reported a net income of $2.01 billion, showcasing a strong performance during the quarter. Additionally, Accenture recorded a revenue of $16.56 billion, reflecting continued growth and positive market demand for its services.

Consolidated Balance Sheets as of May 31, 2023 (Unaudited) and August 31, 2022:

Accenture's consolidated balance sheet as of May 31, 2023, shows total assets amounting to $50.13 billion, indicating a significant increase compared to the previous year. The company's current assets reached $23.38 billion, driven by growth in cash and cash equivalents, short-term investments, and receivables.