Endava Plc Stock Price, News & Analysis

Endava (NYSE:DAVA) and AlixPartners have announced a strategic partnership to deliver comprehensive technology-driven solutions for global clients. The collaboration combines AlixPartners' operational consulting expertise with Endava's technical capabilities in AI, cloud adoption, and data analytics.

The partnership aims to provide: holistic end-to-end solutions, faster time-to-market through agile execution, combined industry and technical expertise, reduced delivery risks, and sustainable value realization. Initially focusing on Private Equity, Financial Services, Retail, Energy, Automotive and Telecommunications sectors, the alliance will help clients navigate disruption and accelerate digital transformation.

Endava (NYSE: DAVA), a next-generation technology services provider, has scheduled its Q3 FY2025 financial results announcement for May 14, 2025, before U.S. markets open. The announcement covers the quarter ending March 31, 2025.

A conference call will follow the release, featuring CEO John Cotterell and CFO Mark Thurston at 8:00 am ET. Investors can access the call through:

• U.S. Toll-Free: 1-844-481-2736
• International: 1-412-317-0665
• Conference ID: Endava Call

A webcast will be available at investors.endava.com, with a replay option accessible after the call.

Endava (NYSE: DAVA) has officially joined OpenAI's exclusive Beta Services Partner Program, formalizing their year-long collaboration in delivering AI solutions. The partnership builds on their existing work developing industry-first products and services for joint customers.

The collaboration strengthens Endava's position in Enterprise AI adoption, enabling them to implement OpenAI's technologies and drive AI-powered business transformation for customers. Endava has already demonstrated success through solutions like their agentic AI accelerator, Morpheus, and core modernisation discovery accelerator, Compass.

The partnership announcement reinforces both organizations' commitment to making AI accessible to enterprises, with Endava leveraging its consulting and technology capabilities to accelerate AI solution deployment in production environments.

Endava (NYSE: DAVA) reported Q2 FY2025 results with revenue reaching £195.6 million, representing a 6.6% year-over-year increase and 9.1% at constant currency. The company announced a $100 million share repurchase program, subject to shareholder approval in March 2025.

Key financial metrics include diluted EPS of £0.11 (down from £0.14), adjusted diluted EPS remaining stable at £0.30, and profit before tax of £2.5 million (down from £10.6 million). The company maintained strong cash position with £60.1 million in cash and cash equivalents.

Geographic revenue distribution showed North America at 39%, Europe at 24%, UK at 32%, and rest of world at 5%. The company serves 141 clients with over £1 million in revenue, with top 10 clients accounting for 36% of revenue. For Q3 FY2025, Endava expects revenue between £198.0-£200.0 million, representing 13-14% constant currency growth.

Endava (NYSE: DAVA) has scheduled the release of its second quarter fiscal 2025 financial results for February 20, 2025, before U.S. market opening. The company will host a conference call at 8:00 am ET on the same day, featuring CEO John Cotterell and CFO Mark Thurston to discuss the quarterly performance.

The results will cover the period ended December 31, 2024. Investors can access the conference call through toll-free (1-844-481-2736) or international (1-412-317-0665) dial-in numbers. A webcast will be available on the company's investor relations website, along with a replay after the call.

Endava (NYSE: DAVA) reported Q1 FY2025 results with revenue reaching £195.1 million, a 3.5% year-over-year increase and 5.2% at constant currency. However, profit before tax declined to £4.2 million from £17.3 million in the prior year. Diluted EPS decreased to £0.04 from £0.21, while adjusted diluted EPS fell to £0.25 from £0.39.

The company's headcount stood at 11,821, serving 147 clients with over £1 million in revenue. Geographic revenue distribution showed North America at 39%, Europe 25%, UK 31%, and rest of world 5%. For FY2025, Endava projects revenue between £800.0-810.0 million, representing 10.0-11.5% constant currency growth.

Endava (NYSE: DAVA) announced it will release its first quarter FY2025 financial results on November 12, 2024, before U.S. market opening. CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am ET to discuss the results. The call will be accessible via toll-free (1-844-481-2736) and international (1-412-317-0665) dial-in numbers. A webcast replay will be available on the company's investor relations website.

Endava, a leading next-generation technology services provider, has announced its upcoming investor day scheduled for Wednesday, November 13, 2024. The event, set to run from 9:00 AM to 12:00 PM ET, will be accessible virtually through a livestream link to be provided on Endava's website closer to the date.

During the event, Endava's leadership team will delve into how the AI-driven digital shift is transforming the technology landscape. They will explain why they believe Endava is uniquely positioned to help businesses succeed in the next wave of digital transformation. The presentation will highlight how Endava assists its customers by combining its engineering heritage, deep industry expertise, and customer-centric approach, along with core modernisation capabilities.

Endava, a leading next-generation technology services provider, has released its annual We Care Sustainability Report for the fiscal year ended June 30, 2024. The report focuses on Environmental, Social, and Governance (ESG) issues relevant to Endava's business. A significant milestone is the approval of Endava's science-based emissions reduction targets by the Science Based Targets initiative (SBTi).

The We Care approach covers five key areas: people, social impact, environmental impact, operational responsibility, and innovation and data integrity. Endava is committed to enhancing its people's skills, fostering innovation, and supporting local communities. The company also assists clients in their sustainability journeys through industry expertise, ESG partnerships, and green software capabilities.

CEO John Cotterell emphasized Endava's dedication to making a positive impact and highlighted the company's focus on AI-driven digital transformation, including the development of their agentic AI Industry Accelerator, Morpheus.