Investing.com - Endava (NYSE:DAVA) 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 November 15, 2021.
Endava follows other major Information Technology sector earnings this month
Endava's report follows an earnings beat by Broadcom on September 1, 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 September 12 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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