PAR Technology (PAR) Tops Q4 EPS by 2c

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PAR Technology Corporation Announces Fourth Quarter and Full Year 2021 Results

March 1, 2022 4:05 PM EST

Total revenues increase 39.4% year-over-year from Q4 '20 Software Annual Recurring Revenues (ARR)(1) grew to $88.2 million - a 163.6% increase from $33.5 million reported in Q4 '20

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) (PAR Technology or the Company) today announced its financial results for its fourth quarter and for the year ended December 31, 2021.

Summary of Fiscal 2021 Fourth Quarter

Revenues were reported at $81.6 million for the fourth quarter of 2021, a 39.4% or $23.1 million increase compared to $58.5 million for... More