secwatch.observer — SEC 8-K summary
======================================

Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0000708821-25-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Tech Q4 revenue up 50% to $105M; ARR $276M (+102%); positive adj. EBITDA
----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882125000010/0000708821-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882125000010/par-20250228.htm
  HTML page:      https://secwatch.observer/filing/0000708821-25-000010

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