secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000708821-23-000077
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Technology Q2 revenue up 18.2% to $100.5M; net loss widens to $19.7M
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- Q2 2023 revenue $100.5M (+18.2% YoY); ARR grew 24.3% to $122.5M.
- Net loss of $19.7M ($0.72/share) vs. $18.8M ($0.70/share) in Q2 2022.
- Adjusted EBITDA loss of $9.9M compared to $5.8M loss in prior-year quarter.
- Adjusted net loss $14.1M ($0.52 adjusted diluted EPS) vs. $9.8M ($0.36).
- H1 2023 revenue $201.0M (+21.5% YoY); net loss $35.6M ($1.30/share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882123000077/0000708821-23-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882123000077/par-20230809.htm
  HTML page:      https://secwatch.observer/filing/0000708821-23-000077

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