Endava (DAVA) News & Sentiment

Endava plc (NYSE:DAVA ) Q2 2025 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Laurence Madsen - Head of Investor Relations and ESG John Cotterell - Chief Executive Officer Mark Thurston - Chief Financial Officer Conference Call Participants Zachary Ajzenman - TD Cowen Tyler DuPont - Bank of America Merrill Lynch Jonathan Lee - Guggenheim Partners Antonio Jaramillo - Morgan Stanley Kate Kronstein - William Blair & Co. Jamie Friedman - Susquehanna Operator Good day, and welcome to the Endava Second Quarter and Fiscal Year 2025 Results Conference Call. All participants will be in a listen-only mode.

Endava (DAVA -1.74%), a technology service provider specializing in IT and digital advisory, reported fiscal 2025 second-quarter results on Thursday, Feb. 20, that fell short of analysts' consensus expectations. Revenue of 195.6 million British pounds rose 6.6% year over year but missed the expected 246 million pounds.

Endava (DAVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Explore the exciting world of Endava (DAVA 1.56%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!

White Falcon Capital Management, an investment fund manager, has published its investor letter for the fourth quarter of 2024, which you can download here. Overall, it was a successful year for the fund in absolute terms. However, despite performing better than well-known indices for two quarters, the fund struggled to keep pace with a rapidly rising market.

I am bullish on all three of the U.S.-listed digital transformation companies, with a particular preference for Endava plc. I believe there will be a greater focus on IT cost control going forward, which highlights Endava's strong value proposition to clients. Analysts worry about DAVA's lower employee utilization rate along with its heightened exposure to Europe. Both fears are overblown.

I reiterate my buy rating for Endava PLC stock due to its strong long-term growth potential, despite near-term macroeconomic challenges. DAVA's strategic initiatives in core modernization and Gen-AI adoption, supported by proprietary tools Morpheus and Compass, position it well for future growth. Near-term growth may be weak, but I expect DAVA to achieve 20% growth over the next two years as AI investments ramp up.

LONDON--(BUSINESS WIRE)--Endava plc (NYSE: DAVA), a leading next-generation technology services provider, today announced it will release results for the first quarter ended September 30, 2024, on Tuesday November 12, 2024 before the opening of regular U.S. market hours. Following the release, John Cotterell, Endava's CEO and Mark Thurston, Endava's CFO, will discuss the results in a conference call beginning at 8:00 am ET. Conference call access information is: Participant Toll Free Dial-In Nu.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Endava To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000in Endava between May 23, 2023, and February 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). [You may also click here for additional information] NEW YORK , Oct. 25, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Endava plc ("Endava" or the "Company") (NYSE: DAVA) and reminds investors of the October 25, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.