PAR Technology (PAR) Reports Q1 EPS of $0.00

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

April 30, 2015 7:30 AM EDT

Revenues grew 5.5% to $59.6 million in the quarter

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) today reported first quarter revenues of $59.6 million, a 5.5% increase from the $56.5 million reported for the first quarter ended March 31, 2014. The reported net loss in the quarter was $385,000 or $0.02 net loss per share compared to net loss of $989,000 or $0.06 net loss per share for the first quarter last year. On a non-GAAP basis, the Companys net income for the first quarter was $57,000 or $0.00 per diluted share, improving from the... More