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Endava Plc - DAVA STOCK NEWS

Welcome to our dedicated page for Endava Plc news (Ticker: DAVA), a resource for investors and traders seeking the latest updates and insights on Endava Plc stock.

Endava Plc (DAVA) delivers next-generation IT services and digital transformation solutions to global enterprises across finance, technology, and telecommunications. This page provides investors and industry professionals with a comprehensive repository of official company announcements and verified news updates.

Access real-time updates on Endava's strategic initiatives, including earnings reports, technology partnerships, and leadership developments. Our curated feed ensures you stay informed about the company's progress in modernizing enterprise systems and expanding its global service offerings.

Key coverage areas include digital transformation milestones, client success stories, and operational expansions. All content is sourced directly from Endava's communications and reputable financial publications, maintaining strict editorial standards for accuracy and relevance.

Bookmark this page for convenient access to Endava's latest business developments. Check regularly for updates on the company's innovative approaches to software development and IT consulting services across key industries.

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Tassat Group announced the establishment of a 40-bank Working Group to guide the launch of the Digital Interbank Network, enabling secure, real-time payments between banks. Currently in discussions with over 200 banks, Tassat aims for a launch in 2022. Kevin R. Greene has been appointed as CEO, succeeding Ron Totaro. Greene has been pivotal in Tassat's development since joining the board in 2017. TassatPay has processed over $300 billion since 2019, enhancing shareholder value for participating banks while supporting a transition to blockchain technology.

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Endava (NYSE: DAVA) will announce its second-quarter results for the period ending December 31, 2021, on February 16, 2022, prior to the opening of U.S. markets. CEO John Cotterell and CFO Mark Thurston will discuss the results during a conference call at 8:00 a.m. ET. Interested parties can access the call via a toll-free number or listen to the webcast afterwards on the investor relations website. As of September 30, 2021, Endava served clients globally, helping them transition into digital, experience-driven businesses.

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Tassat Group Inc. has announced three significant executive appointments in response to the growing interest in its TassatPay™ platform, which enables banks to issue cash-backed stablecoins for B2B transactions. The new leaders include Kevin Lupowitz as Chief Information Officer, Glen Sussman as President and Chief Operating Officer, and Al Berg as Chief Information Security Officer. These changes aim to enhance operational capabilities to cater to increasing demand, particularly after a recent government recommendation for banks to issue digital currency.

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Endava plc (NYSE: DAVA) reported strong Q1 FY2022 results, with revenue reaching £147.5 million, a 55% increase year-on-year, and 60.8% growth at constant currency. Diluted EPS rose to £0.36 from £0.12 in the previous year. Adjusted EPS was £0.49 compared to £0.26. Profit before tax was £24.9 million, up from £8.7 million. The company expects Q2 FY2022 revenues between £150 million and £152 million, and full-year revenues between £615 million and £620 million, reflecting solid demand across regions. Cash and equivalents totaled £82 million, an increase from £69.9 million.

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Endava (NYSE: DAVA) will release its first-quarter results for the period ending September 30, 2021, on November 16, 2021, before the U.S. market opens. The CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am EST to discuss these results. Investors can access the call using toll-free and international dial numbers, and a replay will be available afterward. Endava, a technology services provider, helps enterprises accelerate digital transformation across various industries.

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Endava (NYSE: DAVA) has released its 2021 U.S. Spotlight Report at Money 20/20, highlighting three key trends in the digital payments industry:

  • Maturation of Open Banking: Increasing use of APIs and real-time payment platforms.
  • Explosive Growth of Buy Now, Pay Later (BNPL): Increased consumer demand prompting competition.
  • Evolution of Payments Acceptance: Shift towards biometrics and enhanced payment technologies.

Endava aims to leverage these trends to enhance business investments in the payments ecosystem.

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Endava plc (NYSE: DAVA) reported strong financial results for Q4 FY2021 and FY2021. Q4 revenue reached £133.6 million, a 47.7% increase year-on-year, with an IFRS diluted EPS of £0.28, up from £0.11. FY2021 revenue was £446.3 million, marking a 27.2% increase, with an EPS of £0.76, compared to £0.38 in the prior year. Adjusted diluted EPS for Q4 and FY2021 were £0.41 and £1.30, respectively. For Q1 FY2022, revenue guidance is £143.0-145.0 million, suggesting a 56.0%-58.0% growth rate. Full FY2022 revenue is expected between £608.0 million and £615.0 million.

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Endava (NYSE: DAVA) has announced a change in the release date for its fourth quarter and fiscal year results, which will now be published on September 28, 2021, instead of September 23, 2021. The results will be available before the U.S. market opens. Following the release, CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am EDT to discuss the results. Access information for the call has been provided, and a replay will be accessible on the investor relations website.

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Endava (NYSE: DAVA) will release its fourth quarter and fiscal year results for the period ending June 30, 2021 on September 23, 2021, before the U.S. market opens. CEO John Cotterell and CFO Mark Thurston will host a conference call at 8:00 am EST to discuss the results. Interested parties can access the call using the Toll-Free number or via a webcast available on the company’s investor relations website. As of March 31, 2021, Endava employed 8,127 individuals across several locations worldwide.

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NYSE:DAVA

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DAVA Stock Data

1.02B
59.20M
0.58%
82.51%
2%
Software - Infrastructure
Technology
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United Kingdom
London