Endava’s Q1 FY2025 Growth and Strategy Update

Endava (DAVA) has released an update.

Endava reported a 3.5% year-on-year revenue increase to £195.1 million for Q1 FY2025, despite a drop in diluted EPS from £0.21 to £0.04. The company is leveraging its focus on AI and recent acquisition of GalaxE to enhance its digital transformation capabilities and reduce industry vertical concentration, aiming for larger, more complex projects.

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