PAR Tech Q3 revenue $92.8M (+19% YoY); software ARR $106.6M (+29%)

PAR TECHNOLOGY CORP

2022-Q3 EPS reported -$2.06 revenue$258,145,000

Revenue $92.8M, up 19.1% from $77.9M in Q3 2021.
GAAP net loss $21.3M ($0.79 loss per share) vs $31.9M ($1.23) prior year.
Software Annual Recurring Revenue $106.6M, up 29.2% YoY.
Adjusted EBITDA loss $8.0M, widened from $4.0M loss in Q3 2021.
Nine-month revenue $258.1M, up 28.3% vs $201.3M in prior-year period.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PAR TECHNOLOGY CORP reported the third quarter ended September 30, 2022 results: revenue $92.8 million, net income $21.3 million, EPS $0.79 net loss per share.

Period: the third quarter ended September 30, 2022
Revenue: $92.8 million
Net income: $21.3 million
EPS: $0.79 net loss per share
Result: reported results

Exact text from the filing

Revenues were reported at $92.8 million for the third quarter of 2022, a 19.1% increase compared to $77.9 million for the same period in 2021. • Net loss for the third quarter of 2022 was $21.3 million, or $0.79 net loss per share, compared to a net loss of $31.9 million, or $1.23 net loss per share reported for the same period in 2021.

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Source: SEC EDGAR

accession 0000708821-22-000079

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