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Par Technology Corporation Announces First Quarter Results Strategic Realignment of Hospitality Business

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NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE:PAR) today reported first quarter revenues of $59.6 million, a 5.5% increase from the $56.5 million reported for the first quarter ended March 31, 2014. The reported net loss in the quarter was $385,000 or $0.02 net loss per share compared to net loss of $989,000 or $0.06 net loss per share for the first quarter last year. On a non-GAAP basis, the Company’s net income for the first quarter was $57,000 or $0.00 per diluted sha

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