Edgewater Technology (EDGW) Tops Q3 EPS by 5c

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Go back to Edgewater Technology (EDGW) Tops Q3 EPS by 5c

Edgewater Reports Third Quarter 2015 Results

October 28, 2015 8:30 AM EDT

WAKEFIELD, Mass., Oct. 28, 2015 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (NASDAQ: EDGW), a leading consulting firm that helps business leaders drive transformational change through its unique selection of business and technology services and specialized product-based solutions, reported financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Acquired Branchbird LLC, an Oracle Partner specializing in Big Data and Data Discovery technologies; Increased service revenue 8% to a record $27.2 million; Generated $3.3 million in operating cash flow; Repurchased 27,000 shares of common stock; aggregate purchase price of $192,000, or $7.12 per share; and... More