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

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

PAR Technology Corporation Announces 2018 Fourth Quarter and Full Year Results

March 14, 2019 4:14 PM EDT

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) ("Company" or "PAR") today announced the Companys results for its fourth quarter and full year ended December 31, 2018.

Summary of Fiscal 2018 Fourth Quarter and Full Year Financial Results

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... More