secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0000708821-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Technology Q4 revenue up 19.7% to $97.7M; net loss narrows to $13.5M from $25.6M
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- Q4 revenue $97.7M (+19.7% YoY); full-year revenue $355.8M (+25.8% YoY).
- Q4 net loss $13.5M ($0.50 loss per share) vs $25.6M ($0.95) in Q4 2021; adjusted net loss $7.0M ($0.26).
- Annual Recurring Revenue (ARR) grew 26.4% to $111.4M from $88.2M in Q4 2021.
- Full-year net loss $69.3M ($2.55 loss per share) vs $75.8M ($3.02) in 2021; adjusted net loss $35.9M ($1.32).
- Adjusted EBITDA loss improved to $2.8M in Q4 from $4.9M; full-year loss $18.8M vs $17.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882123000010/0000708821-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882123000010/par-20230301.htm
  HTML page:      https://secwatch.observer/filing/0000708821-23-000010

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