Welcome to our dedicated page for Endava Plc news (Ticker: DAVA), a resource for investors and traders seeking the latest updates and insights on Endava Plc stock.
Endava plc (NYSE: DAVA) is a technology-driven business transformation group and provider of next-generation technology services. Its news flow reflects a focus on AI-native capabilities, digital transformation projects and multi-year relationships with organisations across payments, financial services, technology, media, telecommunications, healthcare, mobility, retail and consumer goods.
On this page, readers can follow company announcements about quarterly and annual financial results, including revenue by geography and industry vertical, headcount trends, client concentration and non-IFRS metrics such as revenue growth at constant currency, adjusted profit before tax and adjusted diluted EPS. These earnings releases often discuss the business environment, client demand for innovation and Endava’s approach to AI and engineering.
Endava’s news also covers strategic partnerships and programmes. Examples include a multi-year partnership with Paysafe that combines payments expertise with Endava’s AI-driven engineering and programme delivery capabilities, and an expanded partnership with TRD U.S.A., where Endava acts as Official IT Consulting Partner and uses AI-enabled accelerators and frameworks to modernise core production systems. The launch of the Dava.Rise programme, connecting scale-ups with global enterprises, and the formation of a Global Advisory Board to advise on AI and technology transformation, are additional themes.
Investors and followers of DAVA stock can use this news stream to monitor Endava’s strategic direction, AI-native positioning, client relationships, governance developments such as executive team changes and AGM-related updates, and its role in technology-driven business transformation across multiple regions. Bookmark this page to review new press releases, financial updates and partnership announcements as they are released.
Endava (NYSE: DAVA) will release its first-quarter results for the period ending September 30, 2021, on November 16, 2021, before the U.S. market opens. The CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am EST to discuss these results. Investors can access the call using toll-free and international dial numbers, and a replay will be available afterward. Endava, a technology services provider, helps enterprises accelerate digital transformation across various industries.
Endava (NYSE: DAVA) has released its 2021 U.S. Spotlight Report at Money 20/20, highlighting three key trends in the digital payments industry:
- Maturation of Open Banking: Increasing use of APIs and real-time payment platforms.
- Explosive Growth of Buy Now, Pay Later (BNPL): Increased consumer demand prompting competition.
- Evolution of Payments Acceptance: Shift towards biometrics and enhanced payment technologies.
Endava aims to leverage these trends to enhance business investments in the payments ecosystem.
Summary not available.
Endava plc (NYSE: DAVA) reported strong financial results for Q4 FY2021 and FY2021. Q4 revenue reached £133.6 million, a 47.7% increase year-on-year, with an IFRS diluted EPS of £0.28, up from £0.11. FY2021 revenue was £446.3 million, marking a 27.2% increase, with an EPS of £0.76, compared to £0.38 in the prior year. Adjusted diluted EPS for Q4 and FY2021 were £0.41 and £1.30, respectively. For Q1 FY2022, revenue guidance is £143.0-145.0 million, suggesting a 56.0%-58.0% growth rate. Full FY2022 revenue is expected between £608.0 million and £615.0 million.
Endava (NYSE: DAVA) has announced a change in the release date for its fourth quarter and fiscal year results, which will now be published on September 28, 2021, instead of September 23, 2021. The results will be available before the U.S. market opens. Following the release, CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am EDT to discuss the results. Access information for the call has been provided, and a replay will be accessible on the investor relations website.
Endava (NYSE: DAVA) will release its fourth quarter and fiscal year results for the period ending
Endava plc (NYSE: DAVA) reported impressive results for Q3 FY2021, with revenue reaching £112.3 million, a 21.8% year-on-year increase. The revenue growth rate at constant currency was 23.8%. Profit before tax was £16.5 million, down from £18.3 million, but adjusted profit before tax rose to £23.9 million, accounting for 21.3% of revenue, up from 17.4%. The company had cash equivalents of £78.8 million. For Q4 FY2021, Endava expects revenues between £130.0 million to £132.0 million and adjusted diluted EPS of £0.34 to £0.36, illustrating positive guidance amid ongoing challenges from the COVID-19 pandemic.
Endava (NYSE: DAVA) will release its third quarter results for the period ending March 31, 2021, on May 19, 2021, before U.S. market hours. Following the announcement, CEO John Cotterell and CFO Mark Thurston will discuss the results in a conference call at 8:00 am EST. Interested parties can access the call via toll-free or international numbers provided in the release. A replay will be available on Endava's investor relations website. The company focuses on transforming enterprises into digital, experience-driven businesses.
Endava (NYSE: DAVA) has announced its acquisition of Levvel LLC, a technology strategy and consulting firm based in Charlotte, NC. This move aims to accelerate Endava’s growth in the U.S. market, particularly in Payments, Financial Services, and Logistics/Mobility sectors. Levvel, recognized for its strong workplace culture and growth, brings 172 employees and extensive expertise in digital transformation. Endava's CEO stated that the partnership will enhance their U.S. business, while Levvel's leaders expressed excitement about joining forces to create more opportunities.
Endava (NYSE: DAVA) announced its acquisition of Pet Minuta d.o.o. and its U.S. subsidiary, Five Minutes Studio, Inc. (collectively known as FIVE). This strategic move enhances Endava's capabilities in digital product strategy, design, and marketing. FIVE, a digital agency based in Brooklyn and Croatia, has a roster of notable clients such as Rosetta Stone and Napster. The acquisition is expected to boost earnings in the first year, expanding Endava's reach in the U.S. and Adriatic region.
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