PAR Technology (PAR) Reports Q2 EPS of $0.04

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PAR Technology Corporation Announces 2016 Second Quarter Results from Continuing Operations

July 27, 2016 7:30 AM EDT

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) today announced results from continuing operations for the second quarter ended June 30, 2016.

Summary of Fiscal 2016 Second Quarter and Year-to-Date Financial Results from Continuing Operations

Revenues were reported at $52.7 million in the second quarter of fiscal 2016, compared to $58.9 million in the same period in 2015, a 10.6% decrease. GAAP net income from continuing operations in the second quarter of fiscal 2016 was $0.1 million, or $0.01 earnings per diluted share, compared to a GAAP net income from continuing operations of $1.2... More