PAR Tech Q3 revenue $96.8M (+40.8%); ARR $248.1M (+93.3%); first positive adj. EBITDA

PAR TECHNOLOGY CORP

2024-Q3 EPS reported $0.48 revenue$244,977,000

Q3 GAAP revenue $96.8M (up 40.8% YoY); subscription service revenue +91% YoY.
GAAP net loss from continuing ops $(20.7)M; adjusted EBITDA +$2.4M (vs. $(6.6)M loss in Q3 2023).
ARR reached $248.1M (organic 24.8%, total 93.3% from $128.3M in Q3 2023).
Completed sale of Rome Research (Government segment divestiture) and acquisition of TASK Group.
Non-GAAP diluted EPS $(0.09); improved from $(0.35) in Q3 2023.

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