PAR Technology (PAR) Misses Q1 EPS by 16c

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Go back to PAR Technology (PAR) Misses Q1 EPS by 16c

PAR Technology Corporation Announces 2022 First Quarter Results

May 10, 2022 4:05 PM EDT

Total revenues increase 47.4% year-over-year from Q1 '21 Software Annual Recurring Revenues (ARR)(1) grew to $94.4 million - a 172% increase from $34.6 million reported in Q1 '21

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) (PAR Technology or the Company) today announced its financial results for the first quarter ended March 31, 2022.

Summary of Fiscal 2022 First Quarter

Revenues were reported at $80.3 million for the first quarter of 2022, a 47.4% increase compared to $54.5 million for the same period... More