PAR Technology: 2Q Earnings Snapshot
NEW HARTFORD, N.Y. (AP) _ PAR Technology Corp. (PAR) on Wednesday reported a second-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New Hartford, New York-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring costs, came to 4 cents per share.
The software provider for the hospitality industry posted revenue of $52.6 million in the period.
PAR Technology shares have climbed 95 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.27, more than doubling in the last 12 months.