PAR Technology (PAR) Reports Q2 EPS of $0.16 on Revenues of $62.3M

PAR Technology (NYSE: PAR) reported Q2 EPS of $0.16. Revenue for the quarter came in at $62.3 million.

Summary of Fiscal 2017 Second Quarter and Year-to-Date Financial Results

• Revenues were reported at $62.3 million in the second quarter of fiscal 2017, compared to $52.7 million in the same period in 2016, an 18.2% increase.
• GAAP net income in the second quarter of fiscal 2017 was $2.0 million, or $0.12 per diluted share, an increase from GAAP net income of $0.1 million or $0.01 earnings per diluted share in the same period in 2016.
• Non-GAAP net income in the second quarter of fiscal 2017 was $2.6 million, or $0.16 per diluted share, compared to a non-GAAP net income of $0.6 million, or $0.04 earnings per diluted share, in the same period in 2016.
• Revenue increased to $128.1 million in the first six months of fiscal 2017, compared to $108.0 million in the same period in 2016, an 18.7% increase.
• GAAP net income in the first six months of fiscal 2017 was $3.2 million or $0.20 earnings per diluted share, compared to GAAP net income of $0.1 million, or $0.01 earnings per diluted share, in the same period in 2016.
• Non-GAAP net income in the first six months of fiscal 2017 was $4.7 million, or $0.29 per diluted share, compared to non-GAAP net income of $1.6 million or $0.10 earnings per diluted share, in the same period in 2016.

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

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