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PAR Technology Shares Up After Q2 Non-GAAP Loss Narrows, Revenue Rises
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PAR Technology Shares Up After Q2 Non-GAAP Loss Narrows, Revenue Rises
Aug 8, 2024 7:18 AM

09:56 AM EDT, 08/08/2024 (MT Newswires) -- PAR Technology ( PAR ) shares were up 4.1% in recent Thursday trading after the company reported a narrower non-GAAP loss and higher revenue in Q2.

The company reported a Q2 non-GAAP loss of $0.23 per diluted share, narrower than a loss of $0.60 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.17.

Revenue for the quarter ended June 30 was $78.2 million, up from $69.5 million a year earlier.

Analysts surveyed by Capital IQ expected $115.0 million.

Price: 46.56, Change: +1.84, Percent Change: +4.11

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