Edgewater Technology (EDGW) Tops Q2 EPS by 6c

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Edgewater Reports Second Quarter 2016 Results

August 3, 2016 8:30 AM EDT

WAKEFIELD, Mass., Aug. 03, 2016 (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 quarter ended June 30, 2016.

Second Quarter 2016 Financial Results vs. Same Year-Ago Quarter

Total revenue was $34.0 million compared to $30.5 million;Service revenue was $28.6 million compared to $24.6 million;Gross profit was $12.8 million, or 37.7% of total revenue, compared to $10.4 million, or 34.1% of total revenue;Gross profit margin related... More