PAR Technology Corporation announced its Q4 and full year results for the period ended December 31, 2019. The company reported a revenue increase of 13.4% compared to the same period in 2018. However, the GAAP net loss was $5.8 million, or $0.35 loss per share, and the non-GAAP net loss was $4.4 million, or $0.27 loss per share.
Revenues were reported at $52.9 million, a 13.4% increase from Q4 2018.
GAAP net loss was $5.8 million, or $0.35 loss per share.
Non-GAAP net loss was $4.4 million, or $0.27 loss per share.
Brink ARR totaled $19.2 million, a 32% increase from Q4 2018.
The company is carefully monitoring the market impacts surrounding the recent Coronavirus outbreaks and are taking steps to mitigate near-term supply chain issues and challenges for our customers. We continue to prioritize the health and safety of our employees and have strengthened our oversight given the current concerns.
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