Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

Edgewater Technologies: A Small-Cap Play On IT Consulting

While investigating the IT consulting space for my recent article on Perficient, Inc. (NASDAQ:PRFT), I came across a very small company called Edgewater Technologies (NASDAQ:EDGW). The company has a market cap of only $60MM, but also has $11.5MM in cash. The company competes in many of the same industries as PRFT (healthcare and financial services), but also has a big focus in manufacturing (this is the company's largest segment). I just wanted to note a few things about EDGW before we begin:

    Besides providing IT consulting, the company also provides traditional management consulting based work. The company differentiates its self through its intellectual property and proprietary software. The company's goal is to grow its IP in ...
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