Endava Misses Revenue Estimate in Q2
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Endava reported fiscal 2025 Q2 results with revenue of 195.6 million pounds, missing the expected 246 million pounds. This represents a 6.6% year-over-year increase but fell short of analysts' expectations.
February 20, 2025 | 3:15 pm
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Endava's Q2 revenue of 195.6 million pounds missed the expected 246 million pounds, despite a 6.6% year-over-year increase. This shortfall against expectations may negatively impact the stock price in the short term.
Endava's revenue miss against analyst expectations is likely to lead to a negative short-term impact on its stock price. The market often reacts unfavorably to earnings misses, especially when the miss is significant compared to expectations.
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IMPORTANCE 80
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