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PAR Technology Corporation Announces First Quarter 2024 Results

Retrieved on: 
Thursday, May 9, 2024
Technology, Supermarket, Specialty, Software, Restaurant, Bar, Food, Beverage, Hardware, Data Management, Supply Chain Management, Retail, Cloud, Table, ARR, LexisNexis, POS, Webcast, PAR, TASK, MENU, GAAP, Growth

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, 2024.
  • "We kicked off 2024 with momentum and are pleased to report that organic ARR growth has accelerated to 25% from the prior year first quarter,” said Savneet Singh, PAR Technology CEO.
  • “The results evidence the continued demand for our products and our accelerated win rates.
  • Active Sites as of March 31, 2024 totaled 92.7 thousand restaurants
    Active Sites as of March 31, 2024 totaled 27.0 thousand restaurants
    There will be a conference call at 9:00 a.m. (Eastern) on May 9, 2024, during which management will discuss the Company's financial results for the first quarter ended March 31, 2024.

Beef ‘O’ Brady’s Selects PAR Technology’s MENU & Punchh to Boost Omnichannel Ordering and Loyalty Capabilities

Retrieved on: 
Thursday, April 18, 2024
Data Management, Retail, Technology, Restaurant, Bar, Software, Food, Beverage, Uber Eats, Better Together, POS, AI, Heart, API, Grubhub, Beef, PAR, Marketing, MENU, DoorDash

ParTech, Inc. (PAR) , a global restaurant technology company providing unified commerce solutions for enterprise restaurants, today announces that the renowned American restaurant franchise, Beef ‘O’ Brady’s , has selected PAR MENU and PAR Punchh® for its innovative omnichannel ordering and loyalty platforms.

Key Points: 
  • ParTech, Inc. (PAR) , a global restaurant technology company providing unified commerce solutions for enterprise restaurants, today announces that the renowned American restaurant franchise, Beef ‘O’ Brady’s , has selected PAR MENU and PAR Punchh® for its innovative omnichannel ordering and loyalty platforms.
  • This marks a new chapter as Beef ‘O’ Brady’s returns to PAR’s ecosystem, harnessing the advanced capabilities of both solutions.
  • Good Sports.’, is set to elevate its digital presence with PAR MENU, offering a comprehensive omnichannel ordering solution.
  • Beef ‘O’ Brady’s will further enhance its customer engagement and loyalty initiatives through the advanced features of PAR Punchh.

PAR Technology Corporation Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Software, Technology, Retail, Restaurant, Bar, Poonch, PAR, POS, LexisNexis, Table, Adjustment, Commerce, Hooters, ARR, GAAP, Burger King, Webcast, MENU, Reinsurance

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, 2023.

Key Points: 
  • 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, 2023.
  • Revenues were reported at $107.7 million for the fourth quarter of 2023, a 10.3% or $10.1 million increase compared to $97.7 million for the same period in 2022.
  • EBITDA(1) for the fourth quarter of 2023 was a loss of $8.8 million compared to a loss of $4.6 million for the same period in 2022.
  • Adjusted EBITDA(1) for the fourth quarter of 2023 was a loss of $4.5 million compared to Adjusted EBITDA loss of $2.8 million for the same period in 2022.

MONTRÉAL EN LUMIÈRE 2024

Retrieved on: 
Tuesday, December 5, 2023
Air France, City, Heart, Silo, Food, La Presse, Food court, Restaurant, Kyujiro Saito, Cooking, Wine, Scotiabank, Loonie, MENU, Polestar, History, Substance, Life, Meal, Bell, SAQ, Aliment, Table, Gastronomy, Kronos Quartet, Music, Partnership, Nuit, Sale, Glass, Wind, Mõrdu, Reindeer, Drink, LE, Pretty Woman

Montréal, Dec. 05, 2023 (GLOBE NEWSWIRE) -- MONTRÉAL EN LUMIÈRE, presented by Loto-Québec in collaboration with Scotiabank, invites you to its sparkling 25th anniversary edition.

Key Points: 
  • Montréal, Dec. 05, 2023 (GLOBE NEWSWIRE) -- MONTRÉAL EN LUMIÈRE, presented by Loto-Québec in collaboration with Scotiabank, invites you to its sparkling 25th anniversary edition.
  • A trailblazer festival, MONTRÉAL EN LUMIÈRE offers all kinds of ways to play outside and make the most of winter.
  • "The MONTRÉAL EN LUMIÈRE festival is the spark plug that has kept the city shining bright for 25 years!
  • "Get your wool socks and long johns out, get ready to smile, and come and have a great time at MONTRÉAL EN LUMIÈRE.

PAR Technology Partners With DoorDash To Create Seamless Ordering Environment

Retrieved on: 
Tuesday, December 12, 2023
Software, Supply Chain Management, Mobile, Wireless, Restaurant, Bar, Internet, Data Management, Supermarket, Specialty, Apps, Applications, Technology, Food, Beverage, Retail, Sale, DoorDash, Head, PAR, Commerce, Partnership, Ecosystem, MENU, Food delivery

ParTech, Inc. (PAR) , a global restaurant technology company and leader in unified commerce for enterprise restaurants, has partnered with on-demand delivery platform DoorDash.

Key Points: 
  • ParTech, Inc. (PAR) , a global restaurant technology company and leader in unified commerce for enterprise restaurants, has partnered with on-demand delivery platform DoorDash.
  • In a time when dining expectations extend beyond a restaurant’s four walls, factors such as delivery speed, ordering flexibility, and the overall dining experience play crucial roles.
  • This new partnership addresses the challenge head-on by seamlessly integrating DoorDash with PAR Brink POS ®, a cloud-based point-of-sale software, and MENU Link, a marketplace order management solution within PAR MENU ecosystem for omnichannel ordering.
  • “We live in a world where digital-savvy consumers demand seamless digital experiences,” said Savneet Singh , CEO of PAR.

Popeyes® Crashes the Wing Game Adding Five Flavors Permanently to the Menu

Retrieved on: 
Wednesday, November 22, 2023
Restaurant, Bar, Food, Beverage, Consumer, Retail, Hispanic, Honey, Chicken sandwich, Spicy chicken sandwich, Wing, Ginger, Love, Multimedia, MENU, System, Garlic, Fast food, Aroma compound, Popeyes

View the full release here: https://www.businesswire.com/news/home/20231122875487/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231122875487/en/
    POPEYES® CRASHES THE WING GAME ADDING FIVE FLAVORS PERMANENTLY TO THE MENU (Graphic: Business Wire)
    “At Popeyes, we like to challenge the status quo and are consistently redefining what’s expected from fast food brands,” said Sami Siddiqui, President of Popeyes North America.
  • Guests can get their wings fix in five flavors, including three new recipes making their debut for the first time on a Popeyes menu:
    NEW!
  • Now, we’ve found ways to add flavors on top for a variety of tastes our guests are sure to love.
  • Popeyes is finally crashing the wing game and looking to reset the industry standard for wings.

PAR Technology Corporation Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
Hardware, Contracts, Retail, Data Management, Satellite, Technology, Lodging, Destinations, Supply Chain Management, Travel, Defense, Restaurant, Bar, Supermarket, Specialty, Software, Food, Beverage, Webcast, EBITDA, NYSE, Burger King, PAR, MENU, ARR, GAAP, LexisNexis, Table, POS, Growth, Poonch, Performance indicator, Cryptocurrency, Reinsurance, Bookkeeping, Bank, Satellite navigation device

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the third quarter ended September 30, 2023.
  • EBITDA(1) for the three months ended September 30, 2023 was a loss of $6.9 million compared to a loss of $12.2 million for the same period in 2022.
  • Active Sites as of September 30, 2023 totaled 68.1 thousand restaurants
    Active Sites as of September 30, 2023 totaled 22.5 thousand restaurants
    Active Sites as of September 30, 2023 totaled 7.5 thousand restaurants
    PAR Technology CEO, Savneet Singh, commented on the results, “As our results for the quarter demonstrated, we continue to build momentum as we scale our business.
  • There will be a conference call at 4:30 p.m. (Eastern) on November 9, 2023, during which management will discuss the Company's financial results for the third quarter ended September 30, 2023.

PAR Technology Corporation Announces Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Hardware, Contracts, Retail, Data Management, Satellite, Technology, Lodging, Destinations, Supply Chain Management, Travel, Defense, Supermarket, Specialty, Software, Cruise, Food, Beverage, Table, GAAP, MENU, Performance indicator, EBITDA, PAR, LexisNexis, Restaurant, ARR, Webcast, Growth, Poonch, NYSE, Cryptocurrency, Reinsurance, Bookkeeping, Bank, Property insurance, Q2

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.
  • EBITDA(1) for the three months ended June 30, 2023 was a loss of $10.6 million compared to a loss of $9.9 million for the same period in 2022.
  • Adjusted EBITDA(1) for the three months ended June 30, 2023 was a loss of $9.9 million compared to an Adjusted EBITDA loss of $5.8 million for the same period in 2022.
  • Active Sites as of June 30, 2023 totaled 70.5 thousand restaurants
    Active Sites as of June 30, 2023 totaled 21.5 thousand restaurants
    Active Sites as of June 30, 2023 totaled 7.2 thousand restaurants
    PAR Technology CEO, Savneet Singh, commented on the results, “It was another strong quarter of growth for PAR.

AUDO COPENHAGEN DEBUTS GLOBALLY

Retrieved on: 
Thursday, June 1, 2023
Designer Brands, Lighting, Audo, B&B Italia, Partnership, MENU, Interior design, Lassen, Flos

MENU and by Lassen merge globally and debut as Audo Copenhagen.

Key Points: 
  • MENU and by Lassen merge globally and debut as Audo Copenhagen.
  • From June 1st, design enthusiasts, professionals and customers worldwide will discover many of their favorite furniture, lighting designs and accessories within one new design house: Audo Copenhagen.
  • Audo Copenhagen reflects both a century of Danish design tradition and a modern, global outlook that will continually expand and evolve.
  • With its ethos inspired by The Audo, MENU and by Lassen and its operations in partnership with Design Holding, Audo Copenhagen strives to become a leading player in global luxury design.

PAR Technology Corporation Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, May 10, 2023
Food, Beverage, Satellite, Defense, Retail, Other Defense, Software, Contracts, Supply Chain Management, Hardware, Data Management, Technology, Restaurant, Bar, Cruise, Supermarket, Lodging, Specialty, Destinations, Travel, Table, GAAP, MENU, Performance indicator, EBITDA, PAR, LexisNexis, Machine learning, ARR, Webcast, Poonch, NYSE, Cryptocurrency, Bank, Food delivery

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023.
  • Revenues were reported at $100.4 million for the three months ended March 31, 2023, a 25.1% increase compared to $80.3 million for the same period in 2022.
  • EBITDA for the three months ended March 31, 2023 was a loss of $7.0 million compared to a loss of $6.8 million for the same period in 2022.
  • There will be an earnings conference call at 4:30 p.m. (Eastern) on May 10, 2023, during which the Company’s management will discuss the financial results for the first quarter ended March 31, 2023.