PAR Technology (PAR) Misses Q1 EPS by 1c, Revenues Beat

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PAR Technology Corporation Announces Financial Results for the First Quarter Of 2020

May 7, 2020 4:01 PM EDT

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) ("PAR" or the "Company") today announced its financial results for its first quarter ended March 31, 2020.

Summary of First Quarter 2020

Revenues were reported at $54.7 million for the first quarter of 2020, an increase of 22.4%, compared to $44.7 million for the same period in 2019. GAAP net loss for the first quarter of 2020 was $10.9 million, or $0.61 loss per share, an increase from the GAAP net loss of $2.7 million, or $0.17 loss per share reported for the same period in... More