PAR Technology (PAR) Reports Q2 Loss of $0.04 on Revenues of $52.6M

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Go back to PAR Technology (PAR) Reports Q2 Loss of $0.04 on Revenues of $52.6M

PAR Technology Corporation Announces 2018 Second Quarter Results

August 8, 2018 4:00 PM EDT

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) today announced its results for its second quarter ended June 30, 2018.

Summary of Fiscal 2018 Second Quarter and Year-to-Date Financial Results

Revenues were reported at $52.6 million for the second quarter of 2018, compared to $62.3 million for the same period in 2017, a 15.6% decrease. GAAP net loss for the second quarter of 2018 was $1.3 million, or $0.08 loss per diluted share, a decrease from the GAAP net income of $2.0 million, or $0.12 earnings per diluted share reported for the same period... More