---
schema_version: "secwatch.filing_event.v1"
accession: "0000708821-24-000055"
form_type: "8-K"
ticker: "PAR"
cik: "0000708821"
company_name: "PAR TECHNOLOGY CORP"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:32:26.993664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PAR Tech Q1 ARR up 60% to $185.7M; revenue rises 5%; net loss widens to $0.62/share

## Summary
- ARR grew 60.2% total, 24.8% organic to $185.7M; subscription revenue up 37% YoY.
- Revenue $105.5M (+5% YoY); net loss $18.3M ($0.62 loss per share) vs $15.9M loss prior year.
- Adjusted EBITDA loss improved to $7.2M from $8.8M; adjusted net loss $10.8M ($0.36 per share).
- Closed Stuzo acquisition (C-stores digital engagement) adding $41M ARR; signed TASK deal (unified commerce) expected close Q3 2024.

## SEC filing metadata
- accession: 0000708821-24-000055
- form_type: 8-K
- ticker: PAR
- cik: 0000708821
- company_name: PAR TECHNOLOGY CORP
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708821/000070882124000055/0000708821-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708821/000070882124000055/par-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708821-24-000055
- JSON: https://secwatch.observer/filing/0000708821-24-000055.json
- Plain text: https://secwatch.observer/filing/0000708821-24-000055.txt

## Key facts
- Earnings Releases
  PAR TECHNOLOGY CORP reported first quarter ended March 31, 2024 results: revenue Revenues were reported at $105.5 million for the three months ended March 31, 2024, net income Net loss for the three months ended March 31, 2024 was $18.3 million, EPS $0.62 net loss per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: Revenues were reported at $105.5 million for the three months ended March 31, 2024
  - Net income: Net loss for the three months ended March 31, 2024 was $18.3 million
  - EPS: $0.62 net loss per share
  - Result: reported results
  source text: Summary of Fiscal 2024 First Quarter • Revenues were reported at $105.5 million for the three months ended March 31, 2024, a 5.0% increase compared to $100.4 million for the same period in 2023. • Net loss for the three months ended March 31, 2024 was $18.3 million, or $0.62 net loss per share, compared to a net loss of $15.9 million, or $0.58 net loss per share reported for the same period in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/708821/000070882124000055/0000708821-24-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.