---
schema_version: "secwatch.filing_event.v1"
accession: "0000708821-24-000076"
form_type: "8-K"
ticker: "PAR"
cik: "0000708821"
company_name: "PAR TECHNOLOGY CORP"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:24:38.336083+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PAR Tech Q2 revenue $78.2M (+12%); ARR $192.2M (+57%); adjusted EBITDA loss narrows

## Summary
- ARR $192.2M (+56.9%); organic ARR growth 23.9% YoY; subscription service revenues rose 47.7% YoY.
- Q2 revenue $78.2M (+12.4%); GAAP net loss -$23.6M, diluted EPS -$0.69 (improved from -$0.80).
- Non-GAAP adjusted EBITDA -$4.3M, improved from -$12.3M; CEO targets positive adjusted EBITDA in Q3.
- Completed sale of PAR Government Systems for $95M; after period end, sold Rome Research for $7M and acquired TASK Group.
- Subscription service gross margin expanded to 53.1% GAAP (66.4% non-GAAP) from 43.3% (60.9%).

## SEC filing metadata
- accession: 0000708821-24-000076
- form_type: 8-K
- ticker: PAR
- cik: 0000708821
- company_name: PAR TECHNOLOGY CORP
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708821/000070882124000076/0000708821-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708821/000070882124000076/par-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708821-24-000076
- JSON: https://secwatch.observer/filing/0000708821-24-000076.json
- Plain text: https://secwatch.observer/filing/0000708821-24-000076.txt

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