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KPMG Consulting had a profit of 15 cents diluted earnings per share, meeting the consensus of analysts polled by Thomson Financial/First Call for the company's third quarter.
Net income came in at $23.7m (£16.3m), down from $29.5m in the third quarter of last year. Revenue also dropped, to $582.3m (£400m), down 22% from $750.9m in the same quarter last year.
KPMG Consulting's stock (KCIN) closed up 8.76% at $17.50 (£12) on the Nasdaq exchange. The quarter's results came out after the New York financial markets had closed.