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PAR Technology: Q4 Earnings Snapshot

PAR Technology: Q4 Earnings Snapshot

By AP News
Published - Mar 01, 2023, 08:00 AM ET
Last Updated - Jun 22, 2023, 06:45 PM EDT

NEW HARTFORD, N.Y. (AP) — NEW HARTFORD, N.Y. (AP) — PAR Technology Corp. (PAR) on Wednesday reported a loss of $13.5 million in its fourth quarter.

On a per-share basis, the New Hartford, New York-based company said it had a loss of 50 cents. Losses, adjusted for one-time gains and costs, were 26 cents per share.

The software provider for the hospitality industry posted revenue of $97.7 million in the period.

For the year, the company reported a loss of $69.3 million, or $2.55 per share. Revenue was reported as $355.8 million.

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