Par Technology Corporation Announces First Quarter Results & Strategic Realignment of Hospitality Business

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PAR Technology (PAR) Reports Q1 EPS of $0.00

April 30, 2015 7:54 AM EDT

PAR Technology (NYSE: PAR) reported Q1 EPS of $0.00, versus ($0.04) reported last year. Revenue for the quarter came in at $59.6 million, versus $56.5 million reported last year.

The Company also announced it continues to review strategic and operational improvements involving its hospitality segment. The Company, in an assessment of its operations and global delivery of its restaurant technology solutions, has initiated a restructuring to be more aligned with U.S.... More