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PAR Technology Non-GAAP EPS of -$0.26 beats by $0.19, revenue of $97.7M beats by $6.76M

Mar. 01, 2023 7:32 AM ETPAR Technology Corporation (PAR)By: Deepa Sarvaiya, SA News Editor
  • PAR Technology press release (NYSE:PAR): Q4 Non-GAAP EPS of -$0.26 beats by $0.19.
  • Revenue of $97.7M (+19.7% Y/Y) beats by $6.76M.
  • EBITDA for the fourth quarter of 2022 was a loss of $4.6 million compared to a loss of $10.8 million for the same period in 2021.
  • Adjusted EBITDA for the fourth quarter of 2022 was a loss of $2.8 million compared to adjusted EBITDA loss of $4.9 million for the same period in 2021.
  • Annual Recurring Revenue (ARR) grew to $111.4 million - a 26.4% increase from $88.2 million reported in Q4 '21.

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