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Par Technology reports Q1 EPS (36c), consensus (29c)

Par Technology reports Q1 EPS (36c), consensus (29c)

Reports Q1 revenue $105.5M, consensus $110.47M. “We kicked off 2024 with momentum and are pleased to report that organic ARR growth has accelerated to 25% from the prior year first quarter,” said Savneet Singh, PAR Technology CEO. “The results evidence the continued demand for our products and our accelerated win rates. Our results will continue to improve as we consolidate Stuzo and later TASK and are pleased by the positive feedback we have received on both acquisitions from new and existing customers.”

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