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Endava plc American Depositary Shares (each representing one - $DAVA STOCK NEWS

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Rhea-AI Summary

Endava (NYSE 'DAVA') has launched an innovative agentic AI industry accelerator called 'Morpheus', designed to tackle challenges in highly regulated sectors like healthcare, insurance, financial services, and private equity. This accelerator uses large language models and AI to provide transparent and auditable solutions, overcoming common barriers in the industry. The technology is cloud-agnostic and aims to transform businesses by enabling autonomous teams to work more efficiently and meaningfully.

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Rhea-AI Sentiment
End-of-Day
0.44%
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AI
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Rhea-AI Summary
Endava (DAVA) completes the acquisition of GalaxE Group, Inc., a global IT and business solutions provider. The transaction passed the Hart-Scott-Rodino Antitrust Improvements Act.
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Rhea-AI Sentiment
End-of-Day
-1.88%
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Rhea-AI Summary
Endava plc (NYSE: DAVA) reported Q2 FY2024 results with a 10.6% YoY revenue decrease to £183.6 million. Diluted EPS dropped to £0.14 from £0.26 in the prior year. Adjusted diluted EPS was £0.30 vs. £0.59 in the prior year. The company acquired GalaxE Solutions and expects a revenue decrease for Q3 and full FY 2024.
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Rhea-AI Sentiment
End-of-Day
-41.76%
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Rhea-AI Summary
Endava (NYSE: DAVA) announces the acquisition of GalaxE Group, Inc., a global IT and business solutions provider, for up to $405 million. The deal will add 1,650 employees, expand Endava's presence in North America, provide expertise in the U.S. Healthcare market, establish delivery operations in India, and enhance digital transformation capabilities.
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Rhea-AI Sentiment
End-of-Day
-41.76%
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Endava (DAVA) to release Q2 results on February 29, 2024. CEO and CFO to discuss in conference call.
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Rhea-AI Sentiment
End-of-Day
2.6%
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Rhea-AI Summary
Endava plc (NYSE: DAVA) announced a 3.9% YoY revenue decrease to £188.4 million in Q1 FY2024. Revenue decrease at constant currency was 0.6%. Diluted EPS was £0.21 compared to £0.55 in the prior year. Adjusted diluted EPS was £0.39 compared to £0.54 in the prior year. The company cited delays in client decision making as a factor, but sees signs of improvement in demand for the second half of fiscal year 2024.
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Rhea-AI Sentiment
End-of-Day
5.09%
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Rhea-AI Summary
Endava (NYSE: DAVA) will release its first quarter results for the period ended September 30, 2023, on November 15, 2023. The CEO and CFO will discuss the results in a conference call at 8:00 am ET. Conference call access information is provided. A replay will be available on the investor relations website after the call.
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6%
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Endava launches annual We Care Sustainability Report, reaffirming commitment to shaping a sustainable future
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10.86%
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none
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Endava reports Q4 FY2023 and FY2023 results with revenue growth and increased EPS
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Rhea-AI Sentiment
End-of-Day
10.86%
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Rhea-AI Summary
Endava to release Q4 and fiscal year 2023 results on September 19, 2023
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Rhea-AI Sentiment
End-of-Day
1.37%
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Endava plc American Depositary Shares (each representing one

NYSE:DAVA

DAVA Rankings

DAVA Stock Data

1.78B
42.76M
0.7%
86.24%
1.19%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
London

About DAVA

endava is a privately owned it services company with over 2,500 employees and offices in new york, atlanta, new jersey, london and frankfurt and 6 delivery centres across romania, moldova, macedonia, and serbia. formed in 2000, we work with some of the world’s biggest brands in finance, insurance, technology, media, telecommunications, and retail helping them harness digital technologies and transforming them into more agile, responsive and valuable businesses. our philosophy is simple: we’re about creating success for people. the people who work for us, the people who engage us, and the people who use the systems and applications we design, build, and operate.