Endava (DAVA) has released an update.
Endava, a global technology services firm, reported a modest 2.4% revenue increase in Q4 FY2024, but saw a 6.8% revenue decline for the full fiscal year 2024. Despite the overall yearly decline, the company remains optimistic, forecasting a revenue increase of 10.0% to 11.5% for FY2025. The CEO highlighted the past year’s challenges, including UK market exposure, while emphasizing investments in digital transformation capabilities.
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