Recap: PAR Technology Q3 Earnings

Shares of PAR Technology PAR moved higher by 0.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 42.31% over the past year to ($0.15), which beat the estimate of ($0.33).

Revenue of $54,847,000 rose by 20.86% year over year, which beat the estimate of $51,830,000.

Outlook

PAR Technology hasn't issued any earnings guidance for the time being.

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

Details Of The Call

Date: Nov 06, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/nbx82p9z

Recent Stock Performance

52-week high: $46.49

52-week low: $9.63

Price action over last quarter: Up 23.97%

Company Description

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.