PTC Announces Second Quarter FY’16 Results

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Griffin Securities Upgrades Par Technology (PTC) to Buy

April 21, 2016 9:40 AM EDT

(Updated - April 21, 2016 10:59 AM EDT)

(Update corrects headline to indicate upgrade, not downgrade.)

Griffin Securities upgraded Par Technology (NASDAQ: PTC) from Neutral to Buy with a price target of $42.

For an analyst ratings summary and ratings history on Par... More

PTC (PTC) Misses Q2 EPS by 14c; Guides Below the Street

April 20, 2016 4:06 PM EDT

PTC (NASDAQ: PTC) reported Q2 EPS of $0.23, $0.14 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $274 million versus the consensus estimate of $292.22 million.

GUIDANCE:

PTC sees Q3 2016 EPS of $0.31-$0.36, versus the consensus of... More