EDGEWATER REVS SAG; NET PLUNGES

Timothy Oakes, Edgewater TechnologyEdgewater Technology saw a steep drop in net income while revenue declined much less sharply for the third quarter ended September 30. Net income plummeted to $43,000 in the most recently ended quarter from slightly more than $1 million a year earlier. Revenue was $30.8 million, down 1.1 percent from $31.2 million in last year's corresponding period.

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