PAR Technology Corp reports results for the quarter ended in June - Earnings Summary

PAR Technology

09/08/2023 22:02

* PAR Technology Corp  PAR.N  reported a quarterly adjusted
loss
of 52 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss
of 34 cents per share.
    * Revenue rose 18.2% to $100.54 million from a year ago;
analysts
expected $98.66 million. 
    * PAR Technology Corp's reported EPS for the quarter was a
loss
of 72 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * PAR Technology Corp shares had risen by 12.2% this
quarter and
gained 41.7% so far this year.
    * The company reported a quarterly loss of $19.7 million.
    * Wall Street's median 12-month price target for PAR
Technology
Corp is $40.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.34          -0.52          Missed
 Mar. 31 2023      -0.34          -0.46          Missed
 Dec. 31 2022      -0.45          -0.26          Beat
 Sep. 30 2022      -0.41          -0.44          Missed