EDGEWATER LOSS WIDENS

Edgewater Technology, which acquired Dynamics reseller Fullscope on December 31, lost $639,000, a 40.7-percent increase from the loss of $454,000 a year earlier as the company reported its first quarter ended March 31. Revenue for the most recently ended period was $20.3 million, up  36.2 percent from $14.9 million a year earlier. Fullscope, which Edgewater says is the No. 1 Dynamics AX reseller in the United States, was Microsoft’s Partner of the Year for 2008.  Read more...

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