N@N

Endava plc (NYSE:DAVA) Q2 2025 Earnings Call Transcript

The article provides a transcript of Endava PLC's Q2 2025 earnings call, where the company discussed its financial performance for the second quarter ending September 30, 2024. Key points include a year-over-year revenue decrease of 10.5% to $188.4 million, primarily due to lower client demand and macroeconomic challenges. Despite the revenue drop, Endava reported a slight increase in gross profit margin to 33.5% from 33.3% the previous year, attributed to cost management efforts. Adjusted profit before tax was $27.8 million, down from $39.9 million in the prior year. The company also highlighted its strategic focus on AI and automation, investments in talent, and efforts to expand its market presence. CEO John Cotterell and CFO Mark Thurston provided insights into the company's operational adjustments, client engagements, and future outlook, expressing cautious optimism about recovery in demand and the potential for growth in the latter half of the fiscal year.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/technology/endava-plc-nyse-dava-q2-2025-earnings-call-transcript/ar-AA1zwdFD ]