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Nov 12, 2025 12:20 PM

Endava Analysts Slash Their Forecasts Following Q1 Results

Endava plc (NYSE:DAVA) posted mixed results for the first quarter on Tuesday.

The company posted adjusted earnings of 20 cents per share, beating market estimates of 8 cents per share. The company's quarterly sales came in at $240.314 million versus expectations of $245.910 million.

Endava said it sees second-quarter adjusted earnings of 20 cents to 23 cents per share on sales of $241.410 million to $245.456 million.

“The first quarter results were lower than guided primarily due to an unexpected credit made to a client that arose subsequent to our last earnings call as well as certain non large strategic pipeline opportunities that ...