secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0000708821-23-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Technology Q1 revenue up 25% to $100.4M; adjusted net loss widens to $12.7M
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- Revenue $100.4M (+25.1% YoY); ARR $115.9M (+22.7% from $94.4M in Q1 '22).
- Net loss $15.9M ($0.58/share) vs $15.7M loss ($0.58/share) in Q1 '22.
- Adjusted net loss $12.7M ($0.46/share) vs $7.1M ($0.26/share) in Q1 '22.
- Adjusted EBITDA loss $8.8M vs $2.9M loss in Q1 '22; EBITDA loss $7.0M vs $6.8M loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882123000049/0000708821-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882123000049/par-20230510.htm
  HTML page:      https://secwatch.observer/filing/0000708821-23-000049

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