Edgewater Reports Second Quarter 2015 Results

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Go back to Edgewater Reports Second Quarter 2015 Results

Edgewater Technology, Inc. (EDGW) Misses Q2 EPS by 4c, Comments on Outlook

July 29, 2015 8:49 AM EDT

Edgewater Technology, Inc. (NASDAQ: EDGW) reported Q2 EPS of $0.04, $0.04 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $30.5 million versus the consensus estimate of $30.5 million.

Management Commentary

"For the second quarter of 2015, we are reporting 9% growth in sequential quarterly service revenue, with 4% coming from our core offerings and 5% coming from our latest acquisition,"... More