Endava (DAVA) reported fiscal Q3 adjusted earnings Wednesday of 0.34 pounds ($0.45) per diluted share, up from 0.22 pounds a year earlier.
Analysts polled by FactSet expected 0.30 pounds.
Revenue for the quarter ended March 31 was 194.8 million pounds compared with 174.4 million pounds a year earlier.
Analysts surveyed by FactSet expected 197.6 million pounds.
For fiscal Q4, the company expects adjusted earnings of 0.22 pounds to 0.24 pounds per share on revenue of 186 million pounds to 188 million pounds. Analysts surveyed by FactSet expect adjusted earnings of 0.34 pounds per share on revenue of 201.6 million pounds.
The company trimmed its fiscal 2025 adjusted earnings guidance to 1.11 pounds to 1.13 pounds per share from 1.20 pounds to 1.23 pounds previously. Analysts surveyed by FactSet expect 1.18 pounds. Endava also lowered its annual revenue guidance to the range of 771.5 million pounds to 773.5 million pounds from 795 million pounds to 800 million pounds. Analysts polled by FactSet expect 789.5 million pounds.
Shares of the company fell 7.6% in Wednesday's premarket activity.
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