PAR Technology (PAR) Tops Q1 EPS by 2c

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PAR Technology Corporation Announces 2019 First Quarter Results

May 6, 2019 4:00 PM EDT

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) today announced its results of operations for its first quarter ended March 31, 2019.

Summary of Fiscal 2019 First Quarter Financial Results

Revenues were reported at $44.7 million in the first quarter of 2019, compared to $55.7 million in the same period in 2018, a 19.7% decrease. GAAP net loss in the first quarter of 2019 was $2.7 million, or $0.17 loss per diluted share, a decrease from the GAAP net income of $0.1 million, or $0.00 earnings per diluted share reported in the same... More