MarketBeat
21 May 2026, 14:08 UTC · 24w ago
Endava Q3 Earnings Call Highlights
Impact · against what's priced in
Endava (DAVA) faces a significant fundamental deterioration characterized by collapsing margins and revenue contraction, though its growing AI business offers a long-term pivot. The news is marginally positive for partners like Mastercard, Google, and NatWest, though the scale of impact on these larger entities is minimal.
- DAVA−0.80
No priced-in read yet
- In context
Revenue declined 8.4% YoY and adjusted PBT margins collapsed from 12.6% to 1.8%, while a £364.6 million goodwill impairment charge highlights a sharp decline in asset quality.
Read from the article alone
