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

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Edgewater Announces Preliminary Second Quarter 2015 Revenue

July 16, 2015 4:30 PM EDT

WAKEFIELD, Mass., July 16, 2015 (GLOBE NEWSWIRE) -- 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.

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