PAR Technology Corporation Announces 2019 Second Quarter Results
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PAR Technology (PAR) Misses Q2 EPS by 5c, Revenues Miss
August 6, 2019 5:42 PM EDTPAR Technology (NYSE: PAR) reported Q2 EPS of ($0.18), $0.05 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $44.2 million versus the consensus estimate of $49.69 million.
Summary of Fiscal 2019 Second Quarter and Year-to-Date Financial Results
Revenues were reported at $44.2 million for the second quarter of 2019, compared to $52.6 million for the same period in 2018, a 16% decrease.GAAP net loss for the second quarter of 2019 was $1.1 million, or $0.07 loss per share, a decrease from the GAAP net loss of $1.3 million, or $0.08 loss per share reported for the same period in... More