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 ...

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 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 ...

☑ 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 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) 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 ...

Exhibit 99.1 FOR RELEASE: CONTACT: New Hartford, NY, May 9, 2024 Christopher R. Byrnes (315) 738-0600 ext. 6226 cbyrnes@partech.com, www.partech.com PAR TECHNOLOGY CORPORATION ANNOUNCES FIRST QUARTER 2024 RESULTS New Hartford, NY - May 9, 2024 -- PAR Technology Corporation (NYSE: PAR) ("PAR Technology" or the "Company") today announced its financial results for the first quarter ended March 31, 2024. "We kicked off 2024 with momentum and are pleased to report that organic ARR growth has accelerated to 25% f ...

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 ...

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 ...

PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings.These acquisitions will expand the global food service technology company’s offerings into convenience stores, fuel retailers and international markets, PAR Technology said in a Monday (March 11) press release.The company has entered into an agreement to acquire TASK Group, an Australian global food service transaction platform designed for major brands worldwide, according to the release. This transa ...

PAR Technology Corporation (NYSE:PAR) Q4 2023 Earnings Conference Call February 27, 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 Mayank Tandon - Needham Stephen Sheldon - William Blair Eric Martinuzzi - Lake Street Capital Markets Adam Kelsey - Craig-Hallum Samad Samana - Jefferies Anja Soderstrom - Sidoti Andrew Hart - BTIG Operator Good day and tha ...