PAR Technology Corporation Announces 2018 Fourth Quarter and Full Year Results

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PAR Technology (PAR) Reports Q4 Loss of $0.23 on Revenues of $46.7M

March 14, 2019 4:51 PM EDT

PAR Technology (NYSE: PAR) reported Q4 EPS of ($0.23), versus $0.00 reported last year. Revenue for the quarter came in at $46.7 million, versus $55.5 million reported last year.

Revenues were reported at $46.7 million for the fourth quarter of 2018, compared to $55.5 million for the same period in 2017, a 16.0% decrease.GAAP net loss for the fourth quarter of 2018 was $6.2 million, or $0.38 loss per diluted share, compared to the GAAP net loss of $5.3 million, or $0.33 loss per diluted share reported for the same period in 2017.Non-GAAP net loss for the fourth quarter of 2018 was... More