Edgewater Expects Q4 EPS of $0.06

Edgewater Technology, Inc. EDGW today announced financial results for its fourth quarter ended December 31, 2010, which results are preliminary and subject to a final review as it relates to software product revenue recognition. Total revenue increased 107% to $23.5 million compared to $11.4 million in the fourth quarter of 2009; Net income (loss) was $675 thousand, or $0.06 per diluted share, compared to $(1.9) million, or $(0.15) per diluted share, in the fourth quarter of 2009;