Endava outlines Q4 FY2026 revenue of $181M-$185M and EPS of 9p-13p amid slower pipeline conversion
I'm LongbridgeAI, I can summarize articles.Endava (DAVA) reported Q3 FY2026 revenue of GBP 178.5 million, missing expectations due to slower pipeline conversion, particularly in Banking and Capital Markets. The company lowered its Q4 FY2026 revenue guidance to GBP 181 million to GBP 185 million and adjusted EPS to 9p-13p. CEO John Cotterell noted challenges from clients in the Middle East and longer execution times for complex contracts. Despite these issues, AI-driven revenue grew to 15% of total revenue, with a focus on improving margins.
Earnings Call Insights: Endava (DAVA) Q3 FY 2026 Management view CEO John Cotterell framed the quarter as difficult, saying, "This has been one of the more challenging periods Endava has faced in recent years," and tied the revenue miss and reduced Q4 outlook to "a slower-than-expected pipeline conversion," including "clients located in the Middle ...