PAR(PAR) - 2024 Q1 - Quarterly Results

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 ...