Edgewater Ranks 89th in The Boston Globe's Annual Globe 100 Top Performing Public Companies in Massachusetts
WAKEFIELD, Mass., May 20, 2013 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (EDGW), a leading consulting firm that brings a blend of classic and product-based consulting services to its clients, has been recognized by the Boston Globe in their annual Globe 100 list of top performing public companies in Massachusetts.
On May 19, 2013, The Boston Globe unveiled its 25th annual Globe 100 list. Based on financial data from the four quarters ended December 31, 2012, Edgewater was ranked 98th among public companies traded on the New York Stock Exchange, the NASDAQ or the American Stock Exchange (BBDLVL) that report revenue and profit for both 2011 and 2012. Companies are ranked on four criteria, including return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2012 revenue.
"The steps we have taken to improve our organization through the years have resulted in steady organic growth since 2010," commented Shirley Singleton, Edgewater's chairman, president and CEO. "We continue to see positive signs that our business is improving, and it's immensely rewarding to know that our hard work has placed us on this list among other successful companies."
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Edgewater Technology, Inc. is a strategic consulting firm delivering a blend of classic and product-based consulting services. Edgewater addresses the market both vertically by industry and horizontally by product and technology specialty, providing its client base with a wide range of business and technology solutions. As one of the largest IT consulting firms based in New England, the company works with clients to reduce costs, improve processes and increase revenue through the judicious use of technology. Edgewater's brand names include Edgewater Technology, Edgewater Ranzal and Edgewater Fullscope. To learn more, please visit www.edgewater.com .
CONTACT: Company Contact: Jenny Norwood Senior Marketing Manager 1-781-246-3343 Investor Relations: Liolios Group, Inc. Cody Slach 1-949-574-3860 EDGW@liolios.com
Source: Edgewater Technology, Inc. 2013 GlobeNewswire, Inc.