Accenture PLC

Ladies and gentlemen, thank you for standing by. Welcome to Accenture's third quarter fiscal 2022 earnings call. At this time, all participants are in a listen-only mode. If you would like to ask a question, please press 1, then 0 on your telephone keypad. You will hear acknowledgement that your line has been placed in queue. You may remove yourself from the queue by repeating the 1-0 command. As a reminder, this conference is being recorded. I would now like to turn the conference over to Angie Park, Managing Director, Head of Investor Relations. Please go ahead.

Thank you, Operator, and thanks, everyone, for joining us today on our third quarter fiscal 2022 earnings announcement. As the Operator just mentioned, I'm Angie Park, Managing Director, Head of Investor Relations. On today's call, you'll hear from Julie Sweet, our Chair and Chief Executive Officer, and Casey McClure, our Chief Financial Officer. We hope you've had an opportunity to review the news release we issued a short time ago. Let me quickly outline the agenda for today's call. Julie will begin with an overview of our results. Casey will take you through the financial details, including the income statement and balance sheet, along with some key operational metrics for the third quarter. Julie will then provide a brief update on our market positioning before Casey provides our business outlook for the fourth quarter and full fiscal year 2022. We will then take your questions before Julie provides a wrap-up at the end of the call. Some of the matters we'll discuss on this call, including our business outlook, are forward-looking and, as such, are subject to known and unknown risks and uncertainties, including but not limited to those factors set forth in today's news release and discussed in our annual report on Form 10-K and quarterly reports on Form 10-Q and other SEC filings. These risks and uncertainties could cause actual results to differ materially from those expressed in this call. During our call today, we will reference certain non-GAAP financial measures which we believe provide useful information for investors. We include reconciliations of non-GAAP financial measures where appropriate to GAAP in the news release or in the investor relations section of our website at Accenture.com. As always, Accenture assumes no obligation to update the information presented on this conference call. Now, let me turn the call over to Julie.

Thank you, Angie, and thank you, everyone, for joining. And thank you to our 710,000 people around the globe for their extraordinary work and commitment to our clients, which resulted in delivering another very strong quarter of financial results and creating significant 360-degree value beyond our financials for all our stakeholders. Here are a few highlights of the 360-degree value we created this quarter. Starting with our people, we continued to invest in their skills, and they completed 10.6 million training hours which averages to 16 hours per person this quarter. We are incredibly pleased to be recognized as the top 10 great place to work for 2022 in countries representing 76% of our people, Argentina, Brazil, France, India, Japan, Mexico, the Philippines, UK, and the United States. Specifically on the U.S. list, we are particularly proud that Accenture jumped 38 spots in one year to rank number six. Overall, this is the 14th consecutive year that Accenture has been recognized by Great Place to Work. Also of particular note, in India, not only were we ranked number 10 by Great Place to Work, Business Today recognized Accenture in India as number four of the best companies to work for, marking our 11th consecutive year on the list. All these recognitions reflect a tangible demonstration of our commitment to our people. The strong demand for our people and services and trust from our clients are once again seen in our strong bookings of $17 billion, which represents 15% growth in local currency. Compressed transformation continues with another 18 clients with bookings over $100 million, bringing the total year-to-date to 74, which is 20 more than the same time last year. We had revenue growth of 27% in local currency, continuing to take significant market share, growing nearly three times the market, while delivering margin expansion of 10 basis points. Our ongoing investment in our communities was reflected this quarter in how we are leveraging our expertise in digital learning and collaboration, partnering with UNICEF's Generation Unlimited on the new Passport to Earning Platform program to equip 10 million young people ages 15 to 24 with digital skills across 10 countries to prepare them for work. This program went live this quarter in India, the first and largest country of the 10. As always, we are staying close to our clients and our ecosystem partners to help them succeed today and to anticipate the needs of the future. And our very strong financial results this quarter reinforce the trust our clients and partners have in our ability to do so. Over to you, Casey.