PAR Technology (PTC) Releases Quarterly Earnings Results
PAR Technology (NYSE:PTC) posted its quarterly earnings results on Thursday. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.44 by $0.06, Analyst Ratings Net reports. The company had revenue of $325.00 million for the quarter, compared to the consensus estimate of $318.19 million. During the same quarter last year, the company posted $0.36 earnings per share. PAR Technology’s revenue was up 1.6% compared to the same quarter last year.
Shares of PAR Technology (NYSE:PTC) opened at 35.75 on Thursday. PAR Technology has a 1-year low of $21.00 and a 1-year high of $36.03. The stock’s 50-day moving average is $34.02 and its 200-day moving average is $29.69. The company has a market cap of $4.234 billion and a price-to-earnings ratio of 30.03.
PAR Technology Corporation (NYSE:PTC) conducts business in two business segments: Hospitality and Government.
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