PAR Technology: Q3 Earnings Insights

PAR Technology (NYSE:PAR) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what…

PAR Technology (NYSE:PAR) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

PAR Technology beat estimated earnings by 40.0%, reporting an EPS of $-0.21 versus an estimate of $-0.35.

Revenue was up $14.37 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 6.64% drop in the share price the next day.

Here’s a look at PAR Technology’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.34 -0.34 -0.45 -0.41
EPS Actual -0.52 -0.46 -0.26 -0.44
Revenue Estimate 98.66M 90.19M 90.94M 83.01M
Revenue Actual 100.54M 100.44M 97.65M 92.77M

To track all earnings releases for PAR Technology visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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