Edgewater Announces Preliminary Second Quarter 2015 Revenue

Go back to Edgewater Announces Preliminary Second Quarter 2015 Revenue

Edgewater (EDGW) Reports Preliminary Q2 Revenue of $30.5M

July 16, 2015 4:43 PM EDT

Edgewater Technology, Inc. (NASDAQ: EDGW) (Edgewater), a leading consulting firm that brings a blend of classic and product-based consulting services to its clients, announced today that the company expects to report service revenue of approximately $24.6 million, which is essentially flat on a year-over-year basis. Total revenue for the quarter ended June 30, 2015 is expected to be approximately $30.5 million, including approximately $4.1 million in software-related revenue. All reported preliminary revenue amounts are subject to the completion of our standard quarterly review procedures.

(Street sees Q2 revenue of $31.98 million)

The lower than expected second quarter 2015 service revenue... More