Endava reported a 11.7% year-over-year revenue increase to £194.8 million in Q3 FY2025. Diluted EPS improved to £0.18 from a loss in the prior year, and Adjusted Diluted EPS rose to £0.34. The company noted challenges in converting pipeline into revenue due to client hesitations in signing larger contracts.
Revenue for Q3 FY2025 increased by 11.7% year-over-year to £194.8 million.
Diluted EPS was £0.18 for the quarter, a significant improvement from the prior year loss.
Adjusted Diluted EPS for Q3 FY2025 was £0.34, up from £0.22 in the same period last year.
Net cash from operating activities saw a substantial increase to £18.7 million in Q3 FY2025.
For the fourth quarter of fiscal year 2025, Endava expects revenue between £186.0 million and £188.0 million, representing a constant currency change between -1.0% and 0.0% year-over-year. Adjusted diluted EPS is expected to be in the range of £0.22 to £0.24.
Visualization of income flow from segment revenue to net income