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Endava Plc (DAVA) delivers next-generation IT services and digital transformation solutions to global enterprises across finance, technology, and telecommunications. This page provides investors and industry professionals with a comprehensive repository of official company announcements and verified news updates.
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Key coverage areas include digital transformation milestones, client success stories, and operational expansions. All content is sourced directly from Endava's communications and reputable financial publications, maintaining strict editorial standards for accuracy and relevance.
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Endava (NYSE: DAVA) released its 2022 Global Payments Study, highlighting shifts in B2B payments globally. Key findings show a significant decline in cash and checks, now representing roughly a fifth of payment volume. Companies are increasingly prioritizing security, digitization of payments, and analytics to enhance efficiency. Notably, North America lags in payment modernity, with checks still comprising 16% of transactions. Future trends indicate a move towards digital wallets and real-time payments as organizations seek to modernize their payment processes.
Endava (NYSE: DAVA) plans to release its first-quarter results for the period ending September 30, 2022, on November 15, 2022, before U.S. market opening. Following the release, CEO John Cotterell and CFO Mark Thurston will discuss results in a conference call at 8:00 am ET. Investors can access the call via a toll-free number or international dial-in, and a replay will be available on the investor relations website. For more details, visit Endava's website.
Endava plc (NYSE: DAVA) announced the appointment of Kathryn Hollister to its Board of Directors. With extensive experience from Deloitte, where she was Chief Strategy Officer, Ms. Hollister's expertise in finance and technology will support Endava's international growth. She has previously served on the boards of Clear Secure and First Solar. Chairman Trevor Smith expressed confidence that her leadership will be invaluable as the company expands its footprint globally.
Endava (NYSE: DAVA) has announced the acquisition of Lexicon Digital Pty Ltd and Lexicon Consolidated Holdings Pty Ltd, enhancing its presence in Australia.
Lexicon, a tech consulting firm, focuses on digital solutions, serving major clients in various sectors. In the year ending June 30, 2022, it generated 94% of its revenue from Australian clients.
This acquisition provides Endava with valuable talent and a nearshore delivery option in Vietnam, aiming for accelerated growth in the region.
Endava reported robust financial results for Q4 FY2022 and FY2022, showcasing a 35.0% year-on-year revenue growth to £180.4 million in Q4, and 46.7% growth for the year to £654.8 million. The company achieved a diluted EPS of £0.47 for Q4 and £1.43 for FY2022, reflecting significant improvements from the previous year. Adjusted diluted EPS also rose to £0.51 for Q4 and £1.93 for the fiscal year. The outlook for Q1 FY2023 anticipates revenues between £191.0 million and £193.0 million, with a full-year forecast of £840.0 million to £850.0 million.
Mutual Mobile has appointed George Linville as the new Senior Vice President (SVP) of Growth & Revenue as of September 2022. Linville, a recognized revenue leader in B2B technology, will manage marketing and sales across global teams in Austin and Hyderabad. With a decade of experience, he has successfully contributed to previous company exits, including PayStream Advisors and Levvel, acquired by Endava (NYSE: DAVA). His leadership is expected to enhance client relationships and drive growth.
Endava (NYSE: DAVA) will announce its fourth quarter and fiscal year results for the period ending June 30, 2022, on September 27, 2022, before U.S. market opens. CEO John Cotterell and CFO Mark Thurston will hold a conference call at 8:00 am ET to discuss the results. Investors can access the call via toll-free and international dial-in numbers or through a webcast available on their investor relations website. A replay will also be provided post-call.
Endava reported impressive Q3 FY2022 results, achieving a 50.7% year-on-year revenue growth to £169.2 million. Revenue growth at constant currency was 50.9%. The company posted a diluted EPS of £0.35, up from £0.23 in the previous year. Adjusted diluted EPS also rose to £0.48 from £0.34. Profit before tax increased to £25.9 million, while adjusted profit before tax was £34.2 million. The company expects Q4 revenues between £177.0 million and £179.0 million and full-year revenues of £652.0 million to £654.0 million.
Endava (NYSE: DAVA) will publish its third-quarter results for the period ending March 31, 2022, on May 12, 2022, before U.S. market hours. Following the earnings release, CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am ET to discuss the results. Investors can join the call via toll-free and international dial-in numbers. A replay will also be available on Endava's investor relations website after the call.
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