PAR Technology: Q2 Earnings Insights – Digitalmunition




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Published on August 7th, 2020 📆 | 6095 Views ⚑

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PAR Technology: Q2 Earnings Insights

Shares of PAR Technology (NYSE:PAR) rose 0.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 27.78% year over year to ($0.23), which beat the estimate of ($0.39).

Revenue of $45,691,000 higher by 3.26% from the same period last year, which beat the estimate of $44,980,000.

Guidance

Earnings guidance hasn’t been issued by the company for now.

PAR Technology hasn’t issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 07, 2020

Time: 09:00 AM

ET Webcast URL: https://www.partech.com/about-us/investors/

Technicals

52-week high: $36.26

Company’s 52-week low was at $9.63

Price action over last quarter: Up 65.56%

Company Overview

PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.

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