secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0000708821-22-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Technology Q1 revenue up 47% to $80.3M; net loss widens to $0.58/share
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- Revenue $80.3M, up 47.4% YoY; Punchh contributed $11.2M.
- GAAP net loss $15.7M ($0.58 loss per share) vs $8.3M ($0.38 loss per share) in Q1 2021.
- Software ARR grew 172% to $94.4M from $34.6M in Q1 2021.
- Adjusted net loss $7.1M ($0.26 loss per share) vs $7.6M ($0.34 loss per share) prior year.
- Adjusted EBITDA loss improved to $2.9M from $4.9M in Q1 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882122000044/0000708821-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882122000044/par-20220510.htm
  HTML page:      https://secwatch.observer/filing/0000708821-22-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer