08:00 AM EDT, 05/23/2024 (MT Newswires) -- Endava ( DAVA ) reported fiscal Q3 adjusted earnings Thursday of 0.22 British pounds ($0.28) per diluted share, down from 0.59 pounds a year earlier.

Analysts polled by Capital IQ expected 0.18 pounds.

Revenue for the quarter ended March 31 was 174.4 million pounds, down from 203.5 million pounds a year earlier.

Analysts surveyed by Capital IQ expected 174.8 million pounds.

The technology services company said it expects fiscal Q4 adjusted diluted EPS of 0.22 pounds to 0.23 pounds on revenue of 195 million pounds to 197 million pounds. Analysts surveyed by Capital IQ expect normalized EPS of 0.28 pounds on revenue of 186.4 million pounds.

The company said it now expects fiscal 2024 adjusted diluted EPS of 1.13 pounds to 1.14 pounds. That compares with the prior outlook of 1.09 pounds to 1.22 pounds. Analysts polled by Capital IQ expect normalized EPS of 1.15 pounds.

Revenue for the current fiscal year is projected to be 741 million pounds to 743 million pounds, the company said. That compares with 722 million pounds to 735 million pounds previously. Analysts polled by Capital IQ are looking for 738.3 million pounds.

Endava ( DAVA ) shares were up nearly 4% in recent premarket activity on Thursday.

Price: 30.29, Change: +1.08, Percent Change: +3.70