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PAR Technology Corp (PAR) Q3 2024 Earnings Call Highlights: Robust Subscription Growth and ... [Yahoo! Finance]

PAR Technology Corporation (PAR) 
Last par technology corporation earnings: 3/12 04:05 pm Check Earnings Report
US:NYSE Investor Relations: partech.com/about-us/investors
Company Research Source: Yahoo! Finance
Annual Recurring Revenue (ARR): $248.1 million, a 93% increase from last year's Q3. Operator Cloud ARR: Grew 41% to $93.4 million compared to the same period last year. Engagement Cloud ARR: Increased by nearly 150% year-over-year. Hardware Revenue: $22.7 million, a 12% decrease from the prior year. Professional Service Revenue: $14.2 million, a 23% increase from the prior year. Gross Profit: $43 million, a 71% increase from the prior year. Subscription Service Margin: 55.3%, up from 50.6% in Q3 2023. Adjusted EBITDA: Positive $2.4 million, compared to a loss of $6.6 million in the same period in 2023. Net Loss from Continuing Operations: $20.7 million or 58 loss per share. Cash and Cash Equivalents: $105.8 million as of September 30, 2024. Warning! GuruFocus has detected 5 Warning Signs with PAR. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript PAR Technology Corp ( NYSE:PAR Show less Read more
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