PAR Technology (PAR) Reports Q2 EPS of $0.04

PAR Technology (NYSE: PAR) reported Q2 EPS of $0.04, versus ($0.02) reported last year. Revenue for the quarter came in at $63.3 million, versus $57.4 million reported last year.

Commenting on the second quarter results, Ronald J. Casciano, Chief Executive Officer & President, stated, “We are pleased with the quarterly performance and the progress being made in both of our business segments as they delivered revenue and income growth in the quarter. We are seeing strong interest in our new hospitality technology products, specifically our Brink POS™ software, and are encouraged by the recent new customer wins in this segment. Our Government segment also had a strong second quarter and delivered double digit revenue growth and improved profits for the quarter when compared to the same period in 2015. Going forward we fully expect to build upon our recent progress by focusing on alignment, innovation and execution to compete and succeed in the markets we serve.”

For earnings history and earnings-related data on PAR Technology (PAR) click here.

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