Investing.com - Endava reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Endava announced earnings per share of £0.51 on revenue of £180.4M. Analysts polled by Investing.com anticipated EPS of £0.49 on revenue of £178.35M.
Endava shares are down 53.76% from the beginning of the year , still down 54.97% from its 52 week high of £172.41 set on Monday, November 15, 2021.
Endava follows other major Information Technology sector earnings this month
Endava's report follows an earnings beat by Broadcom on Thursday, September 1, 2022, who reported EPS of £9.73 on revenue of £8.46B, compared to forecasts EPS of £9.56 on revenue of £8.41B.
Oracle had missed expectations on Monday, September 12, 2022 with first quarter EPS of £1.03 on revenue of £11.45B, compared to forecast for EPS of £1.07 on revenue of £11.33B.
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