PAR Technology (PAR) Reports Q2 Loss, Misses Revenue Estimates

PAR Technology (PAR) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.52 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -53.33%. A quarter ago, it was expected that this software provider for the hospitality industry would post a loss of $0.31 per share when it actually produced a loss of $0.36, delivering a surprise of -16.13%. Over the last ...