Cost ManagementEPS of £0.34 beat the £0.31 consensus thanks to higher-than-expected adjusted gross margins and disciplined cost controls in SG&A.
Deal PipelineDAVA now has 24 large deals in the pipeline, primarily core modernization projects, compared to 21 last quarter, as 9 new ones entered the mix, while 5 were won and 1 was paused.
Earnings PerformanceEndava reported fiscal third-quarter results that beat Street estimates on EPS but missed on revenue.