PAR Technology Corporation (PAR) Q2 2024 Earnings Call Transcript

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Q2: 2024-08-08 Earnings Summary

EPS of -$0.23 misses by $0.06
 | Revenue of $78.15M (-22.27% Y/Y) misses by $36.82M

PAR Technology Corporation (NYSE:PAR) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET

Company Participants

Chris Byrnes - Senior Vice President-Investor Relations & Business Development
Savneet Singh - Chief Executive Officer & President
Bryan Menar - Chief Financial Officer

Conference Call Participants

Mayank Tandon - Needham
Stephen Sheldon - William Blair
Eric Martinuzzi - Lake Street Capital Markets
Samad Samana - Jefferies
Adam Wyden - ADW Capital
Mark Palmer - Benchmark Company
George Sutton - Craig-Hallum
Anja Soderstrom - Sidoti
Andrew Hart - BTIG

Operator

Good day, and thank you for standing by. Welcome to the PAR Technology Fiscal Year 2024 Second Quarter Financial Results Conference Call. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Chris Byrnes, Senior Vice President of Investor Relations and Business Development. Please go ahead.

Chris Byrnes

Thank you, Amy. Good morning everyone and thank you for joining us today for PAR Technologies 2024 Second Quarter Financial Results Call. Earlier this morning, we released our financial results. The earnings release is available on the Investor Relations page of our website at partech.com, where you can also find the Q2 financials presentation, as well as in our related Form 8-K furnished to the SEC.

During our call today, we will reference non-GAAP financial measures, which we believe to be useful to investors and exclude the impact of certain items. A description and timing of these items along with a reconciliation of non-GAAP measures to the most comparable GAAP measures can be found in our earnings release.

I'd also like to remind participants that this conference call may include forward-looking statements that reflect management's expectations based on currently available data. However, actual results are subject to future events and uncertainties. The information on this conference call related to projections or other forward-looking

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