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PAR News
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PAR Technology Q2 Revenue Reaches $133.4M, Exceeds Expectations
Reports Q2 revenue $133.4M, consensus $124.63M. PAR Technology CEO, Savneet Singh, commented on the results, "Our second quarter performance highlighted the acceleration in revenue we've been building toward, as well as the continued steep increase in profitability we've been guiding to. We ended the quarter with a strong pipeline to help us hit our second-half targets and set up for a strong 2027. In addition to hitting and exceeding our financial goals, we continued to make large investments in our platform and are on track to hit our goal of deploying PAR Intelligence to 50,000 sites by year end. Our operational discipline is allowing us to balance our growing profitability with long-term investments needed to capture the large AI opportunity in front of us."
Raises FY26 Adjusted EBITDA Outlook to $50M-$53M
Consensus $509.46M. Raises FY26 adjusted EBITDA view to $50M-$53M from $44M-$47M
Sees Q3 Adjusted EBITDA of $13.5M-$14.5M
Sees Q3 adjusted EBITDA $13.5M-$14.5M
PAR Technology Supports Jacksons Food Stores' Customer Loyalty Program
PAR Technology announced that Jacksons Food Stores has selected PAR Retail to support the evolution of its customer loyalty program, Let's Go Rewards. "Jacksons has built a strong loyalty program by staying focused on what matters most to their customers," said Todd Michael, SVP of Merchandising & Marketing. "As we look ahead, PAR Retail gives us the foundation we need to continue evolving Let's Go Rewards, strengthening personalization, and ensuring the program can grow alongside our business."
Par Technology Completes Tech Integration with Gold Star Chili
Par Technology announced that Gold Star Chili, the Cincinnati-style chili chain serving guests across more than 55 locations in the Tri-State region, has added Par Ordering and Par Pay to its existing suite of Par Hardware, Par POS, and Par Punchh, completing a fully unified technology stack. Building on a Par Punchh loyalty partnership that has driven measurable gains in guest retention and visit frequency, Gold Star selected Par Ordering and Par Pay to complete its technology stack and further elevate the guest experience.
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