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Jun 30, 2020
PAR Technology Q2 2020 Earnings Report
PAR Technology announced second quarter results, demonstrating resilience and growth in software offerings despite COVID-19 challenges.
Key Takeaways
PAR Technology Corporation reported a 3.4% increase in revenues to $45.7 million for Q2 2020 compared to $44.2 million in Q2 2019. Despite the revenue increase, the company experienced a GAAP net loss of $9.0 million, or $0.49 loss per share, and a non-GAAP net loss of $4.2 million, or $0.24 loss per share.
Revenues increased by 3.4% to $45.7 million compared to the same period last year.
GAAP net loss increased to $9.0 million, or $0.49 loss per share.
Non-GAAP net loss was $4.2 million, or $0.24 loss per share.
Brink ARR increased more than 30% from Q2 2019, totaling $21.4 million.
Forward Guidance
PAR Technology did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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