Stock Pulse
Endava plc (DAVA) reported Q2 2025 earnings with a 6.6% year-over-year revenue increase to £195.6m, driven by North America and banking/capital markets, but offset by weakness in the UK and Rest of World [2], [4], [6]. While EPS beat analyst estimates by 42%, net income decreased, and the company lowered its full-year revenue guidance due to longer sales cycles for AI-driven solutions [2], [3], [5]. A $100 million share buyback program was announced, alongside cost optimization measures including headcount reductions [2], [6], [10]. One-time expenses of £4.7m negatively impacted statutory profit but are not expected to recur, suggesting underlying performance may be stronger than headline numbers indicate [1]. Despite macroeconomic headwinds and lower profit before tax, Endava maintains a focus on AI-driven core modernization services and anticipates continued, albeit slower, growth [2], [6].