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Endava ( (DAVA) ) has provided an update.
Endava plc announced its financial results for the second quarter of fiscal year 2025, showing a 6.6% year-on-year revenue increase to £195.6 million and a revenue increase at constant currency of 9.1%. Despite a drop in diluted EPS from £0.14 to £0.11, adjusted diluted EPS remained steady at £0.30. The company also launched a $100 million share repurchase program, signaling its commitment to optimizing capital allocation. The results highlight Endava’s solid profitability and its strategic focus on AI adoption, positioning the company well in the technology services industry.
More about Endava
Endava plc is a leading provider of next-generation technology services, specializing in creating technological solutions that drive transformation and empower businesses in the AI-driven digital shift. The company combines world-class engineering, deep industry expertise, and a customer-centric mindset to support clients across various industries including payments, insurance, and finance.
YTD Price Performance: 0.07%
Average Trading Volume: 353,935
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.93B
Learn more about DAVA stock on TipRanks’ Stock Analysis page.
