NYSE:DAVAIT
Is Endava's (DAVA) Cautious Outlook a Turning Point in Its Long-Term Value Proposition?
Endava recently reported fourth-quarter earnings for the period ended June 30, 2025, with sales of £186.78 million and net income of £1.17 million, completing a buyback of 6,722,491 shares for US$111.2 million.
Despite surpassing analyst earnings expectations, the company released cautious revenue guidance and highlighted ongoing macroeconomic pressures impacting client spending and operational stability.
We'll now examine how Endava's successful share repurchase, paired with weaker...