Investing.com - Endava reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Endava announced earnings per share of £0.54 on revenue of £196.2M. Analysts polled by Investing.com anticipated EPS of £0.51 on revenue of £186.16M.
Endava shares are down 38% from the beginning of the year and are trading at £73.00 , down-from-52-week-high.
Endava shares gained 4.85% in pre-market trade the report.
Endava follows other major Information Technology sector earnings this month
Endava's report follows an earnings beat by Apple on October 27, who reported EPS of £1.29 on revenue of £90.1B, compared to forecasts EPS of £1.26 on revenue of £88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of £2.35 on revenue of £50.1B, compared to forecast for EPS of £2.32 on revenue of £49.86B.
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