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PAR(PAR) - 2024 Q2 - Quarterly Results
2024-08-08 11:30
Exhibit 99.1 | --- | --- | |----------------|----------------------------------------------| | | | | | New Hartford, NY, August 8, 2024 | | FOR RELEASE: | Christopher R. Byrnes (315) 743-8376 | | CONTACT: | cbyrnes@partech.com, www.partech.com | PAR TECHNOLOGY CORPORATION ANNOUNCES SECOND QUARTER 2024 RESULTS (1) • Annual Recurring Revenue (ARR) grew to $192.2 million - total growth of 56.9% inclusive of organic growth of 23.9% from $122.5 million reported in Q2 '23 • Quarterly subscription service revenues ...
Rapport Therapeutics to Present Data for TARPγ8 AMPAR Negative Modulator at IASP 2024 World Congress on Pain
GlobeNewswire News Room· 2024-07-29 11:00
BOSTON and SAN DIEGO, July 29, 2024 (GLOBE NEWSWIRE) -- Rapport Therapeutics, Inc. (Nasdaq: RAPP), a clinical-stage biotechnology company focused on discovery and development of transformational small molecule medicines for patients suffering from central nervous system disorders, today announced that the Company will present preclinical data on RTX-1738, an analog to Rapport's lead product candidate RAP219, across a variety of acute and chronic pain models at the upcoming International Association for the ...
NexTech Solutions Has Agreed to Acquire Rome Research Corporation to Expand Service Offerings and Enhance Mission Support Capabilities
Prnewswire· 2024-06-10 13:57
PAR Technology Corporation (NYSE: PAR), a global restaurant technology company providing unified commerce solutions for enterprise foodservice, announced today that it has agreed to the sale of its Government operating segment via the sale of its wholly owned subsidiaries: PAR Government Systems Corporation (PGSC) and Rome Research Corporation (RRC) for a combined total of $102 million. "This acquisition marks a significant milestone for NTS. We are excited to welcome the talented RRC Team and continue buil ...
PAR(PAR) - 2024 Q1 - Earnings Call Presentation
2024-05-10 02:34
1 Forward-Looking Statements. Market, industry, and other data included in this presentation are from or based on our own internal good faith estimates and research, and on publicly available publications, research, surveys and studies conducted by third parties, which we believe are reliable, but have not independently verified. Similarly, while we believe our internal estimates and research are reliable, we have not independently verified our internal estimates or research. While we are not aware of any m ...
PAR(PAR) - 2024 Q1 - Earnings Call Transcript
2024-05-10 02:34
PAR Technology Corporation. (NYSE:PAR) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Chris Byrnes - Senior Vice President of Business Development Savneet Singh - Chief Executive Officer Bryan Menar - Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Eric Martinozzi - Lake Street Stephen Sheldon - William Blair Adam Wyden - ADW Operator Good day and thank you for standing by. Welcome to Par Technology Fiscal Year 2023 Fourth Quarter Financial Res ...
PAR(PAR) - 2024 Q1 - Quarterly Report
2024-05-09 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From __________ to __________ Commission File Number: 1-09720 PAR TECHNOLOGY CORPORATION (Exact name of registrant as specified in its charter) Delaware 16-1434688 (State or other jur ...
PAR Technology (PAR) Reports Q1 Loss, Lags Revenue Estimates
Zacks Investment Research· 2024-05-09 13:40
PAR Technology (PAR) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.13%. A quarter ago, it was expected that this software provider for the hospitality industry would post a loss of $0.27 per share when it actually produced a loss of $0.33, delivering a surprise of -22.22%.Over the last ...
PAR(PAR) - 2024 Q1 - Quarterly Results
2024-05-09 11:30
Exhibit 99.1 New Hartford, NY, May 9, 2024 FOR RELEASE: Christopher R. Byrnes (315) 738-0600 ext. 6226 CONTACT: cbyrnes@partech.com, www.partech.com PAR TECHNOLOGY CORPORATION ANNOUNCES FIRST QUARTER 2024 RESULTS • Annual Recurring Revenue (ARR)(1) grew to $185.7 million - total growth of 60.2% and organic growth of 24.8% from $115.9 million reported in Q1 '23 • Quarterly subscription service revenues increased 37.2% year-over-year from Q1 '23 • PAR acquired Stuzo, a digital engagement software provider to ...
PAR Technology: On A Path To Market Dominance
Seeking Alpha· 2024-04-24 09:03
Lock Stock Overview and Investment Thesis PAR Technology (NYSE:PAR) has 2 primary businesses: the software business called Brink, an enterprise-grade cloud-based POS system provider and market leader in the restaurant industry, and its legacy defense contracting business. In this article, the focus of my analysis will be on its POS business. PAR concluded FY23 on a high note with its landmark deal with Burger King, marking its largest win to date. The deployment of Brink across Burger King's 7,000 North ...
PAR Technology: Growth Outlook Has Gotten More Robust
Seeking Alpha· 2024-03-16 13:05
JulPoOverview My recommendation for PAR Technology (NYSE:PAR) is a buy rating, as I expect growth to continue into the near term. Especially with the addition of Stuzo and potentially TASK, I believe the growth outlook has gotten a lot more positive than when I last looked at the company. Note that I previously rated buy rating for PAR as I believed the TAM was large enough for PAR to continue winning share and upsell its products to drive ARPU expansion. Underlying its ability to do so was a set of str ...