PAR Technology Corporation Announces 2020 Second Quarter Results

▤ Summary

While the restaurant industry continues to learn to live with COVID-19, we believe our Q2 results are evidence of the long-term secular demand for our software offerings. Forward-looking statements are not historical in nature, but rather are predictive of our future operations, financial condition, business strategies and prospects. Forward-looking statements are generally identified by words such as "anticipate," "believe," "belief," "continue," "could," "expect," "estimate," "intend," "may," "opportunity," "plan," "should," "will," "would," "will likely result," and similar expressions. For further information, please refer to the Companys audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as filed with the U.S. Securities and Exchange Commission. However, non-GAAP adjusted financial measures, as set forth in the reconciliation table above, are provided because management uses these non-GAAP financial measures in evaluating the results of the Companys continuing operations and believes this information provides investors supplemental insight into underlying business trends and operating results.

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PAR Technology

$250M to $500M