Endava's Fiscal Q1 Adjusted Earnings Fall, Revenue Rises; Fiscal Q2 Guidance Issued

MT Newswires Live11-12

Endava (DAVA) reported fiscal Q1 adjusted earnings Tuesday of 0.25 British pounds ($0.32) per diluted share, down from 0.39 pounds a year earlier.

Analysts polled by Capital IQ expected 0.21 pounds.

Revenue for the quarter ended Sept. 30 was 195.1 million pounds, up from 188.4 million pounds a year earlier.

Analysts surveyed by Capital IQ expected 194.5 million pounds.

For fiscal Q2, the technology services company said it expects adjusted diluted EPS in the range of 0.24 pounds to 0.25 pounds. Analysts polled by Capital IQ expect 0.25 pounds. Revenue is expected to be between 195 million pounds and 197 million pounds. Analysts surveyed by Capital IQ expect 198.6 million pounds.

For fiscal 2025, Endava said it continues to expect adjusted diluted EPS in the range of 1.12 pounds to 1.17 pounds on revenue of 800 million pounds to 810 million pounds. Analysts surveyed by Capital IQ expect adjusted EPS of 1.13 pounds on revenue of 802.8 million pounds.

Shares of the company were up more than 8% in recent Tuesday premarket activity.

Price: 30.25, Change: +1.75, Percent Change: +6.14

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