Endava is trading 6.4% down at $1.61, extending its sharp selloff after its October 28 announcement that it will restate fiscal 2026 results following an investigation into certain customer-supplier agreements.
- Endava estimated revenue adjustments of 2%–4% of fiscal 2025 revenue and said affected financial results should no longer be relied upon.
- Shares closed at $1.72, down 12.24%, on October 28; broad technology weakness may add pressure, but the accounting disclosure is the clearest catalyst.