earnings
confidence high
sentiment positive
materiality 0.80
PAR Tech Q4 revenue up 50% to $105M; ARR $276M (+102%); positive adj. EBITDA
PAR TECHNOLOGY CORP
2024-FY EPS reported
-$0.14
revenue$349,982,000
- Annual Recurring Revenue grew to $276M, total growth 102% inclusive of 21% organic growth from $136.9M in Q4'23.
- Subscription service revenues up 95% YoY, organic growth of 25% from Q4'23.
- GAAP revenue Q4 $105M (+50.2% YoY); full year $350M (+26.5%).
- Q4 positive Adj. EBITDA $3.8M (vs -$7.4M in Q4'23); full year Adj. EBITDA improved to -$6.4M (vs -$38.4M).
- Acquired Delaget, a provider of restaurant analytics and business intelligence solutions.