PAR Technology: Fourth Quarter Earnings Overview

PAR Technology Corp. Reports Fourth Quarter Financial Results

PAR Technology Corp., headquartered in New Hartford, New York, announced on Thursday that it recorded a net loss of $20.9 million for the fourth quarter.

During this period, the company reported a loss of $0.51 per share. After adjusting for amortization and stock-based compensation, earnings amounted to $0.06 per share.

The hospitality software company generated $120.1 million in revenue for the quarter.

Looking at the full year, PAR Technology Corp. posted a total loss of $84.5 million, or $2.09 per share, with annual revenue reaching $455.5 million.

Financial data for this article was compiled using information from Zacks Investment Research and processed by Automated Insights.