PAR Technology Corp

PAR Technology Corp (PAR) News & Events

$19.150

-0.080 (-0.42%)At close

PAR News

PAR Events

8/6 17:01

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."

8/6 17:01

Raises FY26 Adjusted EBITDA Outlook to $50M-$53M

Consensus $509.46M. Raises FY26 adjusted EBITDA view to $50M-$53M from $44M-$47M

8/6 17:01

Sees Q3 Adjusted EBITDA of $13.5M-$14.5M

Sees Q3 adjusted EBITDA $13.5M-$14.5M

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