Edgewater Technology (EDGW) Reports Q2 Loss of $0.06/Share

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Go back to Edgewater Technology (EDGW) Reports Q2 Loss of $0.06/Share

Edgewater Reports Second Quarter 2017 Results

August 2, 2017 8:30 AM EDT

WAKEFIELD, Mass., Aug. 02, 2017 (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, 2017.

Second Quarter 2017 Financial Results vs. Same Year-Ago Quarter

Total revenue was $30.3 million compared to $34.0 million;Service revenue was $24.4 million compared to $28.6 million;Gross profit was $11.5 million, or 38.0% of total revenue, compared to $12.8 million, or 37.7% of total revenue;Gross profit margin related to... More