PAR Tech Q2 revenue $85.1M (+23% YoY); net loss widens to $0.70/share; ARR $98.6M (+29%)

PAR TECHNOLOGY CORP

2022-Q2 EPS reported -$1.27 revenue$165,378,000

Total revenue $85.1M, up 23.4% YoY from $69.0M in Q2 2021.
Net loss $18.8M ($0.70 per share) vs net loss $10.0M ($0.39) a year ago.
Adjusted EBITDA loss $5.8M, compared to $3.6M loss in Q2 2021.
Software Annual Recurring Revenue (ARR) grew 29% to $98.6M from $76.7M.
Adjusted net loss $0.36 per share, flat vs prior year period.

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