Endava Announces Third Quarter Fiscal Year 2020 Results
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May 21, 2020 1:13 PM EDT
Needham & Company analyst Mayank Tandon raised the price target on Endava PLC (ADR) (NYSE: DAVA) to $58.00 (from $40.00) while maintaining a Buy rating.
The analyst commented, "DAVA reported strong 3Q results, beating estimates on the top and bottom line as results in existing projects... More
May 21, 2020 7:27 AM EDT
Endava (NYSE: DAVA) reported Q3 EPS of GBP0.26, versus GBP0.11 reported last year. Revenue for the quarter came in at GBP92.24 million, versus GBP73.06 million reported last year.
THIRD QUARTER FISCAL YEAR 2020 FINANCIAL HIGHLIGHTS:
Revenue for Q3 FY2020 was £92.2 million, an increase of 26.2% compared to £73.1 million in the same period in the prior year.Revenue growth rate at constant currency (a non-IFRS measure) was 25.7% for Q3 FY2020 compared to 23.2% in the same period in the prior year.Profit before tax for Q3 FY2020 was £18.3 million compared...
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