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PAR Technology Q3 2024 Earnings Report

PAR Technology logo
$76.12 +0.62 (+0.82%)
(As of 12/20/2024 05:31 PM ET)

PAR Technology EPS Results

Actual EPS
-$0.09
Consensus EPS
-$0.10
Beat/Miss
Beat by +$0.01
One Year Ago EPS
-$0.35

PAR Technology Revenue Results

Actual Revenue
$96.80 million
Expected Revenue
$91.01 million
Beat/Miss
Beat by +$5.79 million
YoY Revenue Growth
-9.60%

PAR Technology Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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PAR Technology Earnings Headlines

Par Technology (PAR) Gets a Buy from Jefferies
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Par Technology price target raised to $79 from $71 at Goldman Sachs
See More PAR Technology Headlines
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About PAR Technology

PAR Technology (NYSE:PAR), together with its subsidiaries, provides omnichannel cloud-based hardware and software solutions to the restaurant and retail industries worldwide. The Restaurant/Retail segment offers PUNCHH, an enterprise-grade customer loyalty and engagement solution; MENU, an eCommerce platform for restaurant brands; BRINK POS, an open cloud, point-of-sale solution; PAR PAYMENT SERVICES, a merchant services business that enables electronic payment and processing services for businesses; and DATA CENTRAL, a back-office solution that leverages business intelligence and automation technologies. This segment also offers Point-of-Sale Hardware; wireless headsets for drive-thru order-taking; and kitchen display systems, payment devices, cash drawers, printers, and other peripherals. In addition, this segment provides services, such as hardware repair, installation and implementation, training, and on-site and technical support services. The Government segment provides intelligence, surveillance, and reconnaissance solutions; mission systems operations and maintenance, and commercial software products; systems engineering support and software-based solutions; satellite and teleport facility operation and maintenance, engineering, and installation services comprising inside and outside plant services, and maintenance of infrastructure and information systems; satellite ground system support comprising operations and maintenance, sustainment, upgrades, communications security management, anomaly response/resolution, process improvement, emergency response, and disaster recovery services; and information technology infrastructure library services to the United States Department of Defense, intelligence community (IC), and other federal agencies. This segment also offers various IC support services, systems integration, situational awareness solutions, and mission readiness support services. The company was founded in 1968 and is based in New Hartford, New York.

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