NYSE:DAVAIT
A Look At Endava (DAVA) Valuation After Earnings Swing To Net Loss And Goodwill Impairment
Endava (DAVA) is in focus after reporting third quarter results that shifted from a prior profit to a net loss, driven largely by a sizeable goodwill impairment and accompanied by updated revenue guidance.
See our latest analysis for Endava.
The share price has reacted sharply to the goodwill impairment and updated guidance, with the stock down 23% over the past month and the 1 year total shareholder return falling 76%, pointing to fading momentum as investors reassess risk.
If Endava's...