PAR Technology Corporation

PAR

US6988841036

Office Equipment

Market Closed - Nyse Other stock markets 16:00:02 2024-05-17 EDT			5-day change	1st Jan Change
45.43 ^USD	+0.20%		+8.14%	+4.34%

05-09	PAR Technology's Q1 Adjusted Loss Narrows as Revenue Increases; Shares Decline	MT
05-09	Transcript : PAR Technology Corporation, Q1 2024 Earnings Call, May 09, 2024

PAR Technology Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 09, 2024 at 07:31 am

PAR Technology Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 35.42 million compared to USD 31.85 million a year ago. Revenue was USD 105.5 million compared to USD 100.44 million a year ago.

Net loss was USD 18.29 million compared to USD 15.91 million a year ago. Basic loss per share from continuing operations was USD 0.62 compared to USD 0.58 a year ago. Diluted loss per share from continuing operations was USD 0.62 compared to USD 0.58 a year ago.

Latest news about PAR Technology Corporation

PAR Technology's Q1 Adjusted Loss Narrows as Revenue Increases; Shares Decline	05-09	MT
Transcript : PAR Technology Corporation, Q1 2024 Earnings Call, May 09, 2024	05-09
Earnings Flash (PAR) PAR TECHNOLOGY CORPORATION Reports Q1 Revenue $105.5M, vs. Street Est of $110.5M	05-09	MT
PAR Technology Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	05-09	CI
Beef 'O'Brady's Selects PAR Technology's MENU & Punchh to Boost Omnichannel Ordering and Loyalty Capabilities	04-18	CI
PAR Technology?s Data Central® Selected as the Exclusive Provider of Food and Inventory Management Across Love's Travel Stops	04-10	CI
PAR Technology Corporation's Punchh Selected as Loyalty Platform Provider for Wendy?s	03-27	CI
PAR Technology Files Common Stock Shelf	03-13	MT
Goldman Sachs Raises Price Target on PAR Technology to $42 From $40, Keeps Neutral Rating	03-13	MT
North American Morning Briefing : Stock Futures -2-	03-13	DJ
Craig Hallum Adjusts PAR Technology Price Target to $65 From $55, Maintains Buy Rating	03-12	MT
Sidoti Upgrades PAR Technology to Buy From Neutral, Price Target is $61	03-12	MT
PAR Technology to Acquire TASK Group for $206 Million; Completes $190 Million Stuzo Acquisition	03-11	MT
Transcript : PAR Technology Corporation, Stuzo, LLC, TASK Group Holdings Limited - M&A Call	03-11
Task Group Agrees to $310 Million Takeover Offer	03-11	MT
PAR Technology Corporation agreed to acquire TASK Group Holdings Limited for AUD 320 million	03-10	CI
PAR Technology Corporation announced that it has received $206 million in funding	03-10	CI
PAR Technology Corporation Seeks M&A	02-29	CI
Transcript : PAR Technology Corporation Presents at 8th Annual Evercore ISI Payments & Fintech Innovators Forum, Feb-29-2024 08:00 AM	02-29
Transcript : PAR Technology Corporation Presents at Citi 13th Annual Fintech Conference, Feb-28-2024 11:00 AM	02-28
PAR Technology Q4 Adjusted Loss Widens, Revenue Increases	02-27	MT
Transcript : PAR Technology Corporation, Q4 2023 Earnings Call, Feb 27, 2024	02-27
Earnings Flash (PAR) PAR TECHNOLOGY CORPORATION Posts Q4 Revenue $107.7M, vs. Street Est of $104.9M	02-27	MT
PAR Technology Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	02-27	CI
PAR Technology Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-27	CI

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Company Profile

PAR Technology Corporation, through its subsidiaries ParTech, Inc. (ParTech) and PAR Government Systems Corporation (PAR Government), operates in two segments: Restaurant/Retail and Government. The Restaurant/Retail segment provides technology platforms to the restaurant and retail industries. The Restaurant/Retail segment provides enterprise restaurants, franchisees, and other restaurant outlets in the three restaurant categories: quick service, fast casual, and table service. Its Government segment provides technical expertise and development of advanced systems and software solutions for the Department of Defense (DoD), the intelligence community (IC) and other federal agencies. The Government segment has three principal contract offerings: Intelligence, Surveillance, and Reconnaissance solutions (ISR Solutions), mission systems operations and maintenance, and licensed software products for use in analytic and operational environments that leverage geospatial intelligence data.

Sector

Office Equipment

Calendar

03:50pm - J.P. Morgan Global Technology Media and Communications Conference - Fireside Chat

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Ratings for PAR Technology Corporation

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ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

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Last Close Price

45.43 USD

Average target price

51.86 USD

Spread / Average Target

+14.15%

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