Accenture Plc(NYSE:ACN) stock slightly rose over 1.2% in the after-hours session on December 20^th, 2017, while the stock enhanced over 29.6% in this year to date.

The group reported net revenues for the first quarter of fiscal 2018 rise of 12% yoy to $9.52 billion, against $8.52 billion for the first quarter of fiscal 2017, which is better than the guided range of $9.10 billion to $9.35 billion. The Consulting net revenues rose 13% yoy to $5.18 billion in U.S. dollars while Outsourcing net revenues enhanced 11% yoy to $4.34 billion.

The group’s New bookings reached $10.0 billion on the back of a positive 1% foreign-currency impact against a new bookings in the first quarter last year. The Consulting new bookings reached $5.9 billion, which comprised 59% of total new bookings. Outsourcing new bookings reached $4.0 billion which accounted 41% of total new bookings.

Their Communications, Media & Technology revenue rose 11% yoy to $1.87 billion, from $1.69 billion in the first quarter of fiscal 2017. Financial Services revenue rose 14% yoy to $2.06 billion, from $1.81 billion in pcp. Health & Public Service revenue rose 9% yoy to $1.63 billion, from $1.50 billion for the first quarter of fiscal 2017, while Products revenue enhanced 11% yoy to $2.58 billion, from $2.32 billion in pcp. Resources revenue surged 12% yoy to $1.33 billion, from $1.19 billion in the first quarter of fiscal 2017.

As per the regional performance, North America revenue rose 8% yoy to $4.28 billion, in the first quarter of 2018. The Europe revenue rose 17% yoy to $3.45 billion, from $2.96 billion for the first quarter of fiscal 2017. The Growth Markets segment revenue enhanced 13% yoy to $1.79 billion, from $1.58 billion in pcp

The group maintained the Gross margin at 32.1 percent, during the quarter. The Operating income surged 12 percent, to $1.49 billion, or 15.6 percent of net revenues, from $1.33 billion, or 15.6 percent of net revenues, for the first quarter of fiscal 2017.