PAR Technology Corporation Announces Alignment of Workforce with Focus on Key Strategic Priorities
PAR Technology Corporation (PAR)
Last par technology corporation earnings: 3/12 04:05 pm
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US:NYSE Investor Relations:
partech.com/about-us/investors
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Source: Business Wire
NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) (“PAR” or the “Company”) today announced a strategic reduction in workforce at the Company and its subsidiary, ParTech, Inc. The reduction is designed to lower operating expenses while the Company focuses on securing its position as a leader in enterprise, point-of-sale cloud software solutions for the restaurant and retail industries. “The reductions announced today are another critical step in PAR becoming an efficient and flexible organization in a highly competitive market and in building a solid foundation for the Company's future growth," commented Savneet Singh, CEO & President of PAR. “As a Company we’ve begun to put a deep discipline around capital allocation with a constant focus on return on invested capital.” Mr. Singh concluded, “The people who are leaving today have made huge contributions to our company an
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PAR
News
- PAR Technology Corporation (NYSE:PAR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PAR Technology Co. (NYSE: PAR) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $53.00 price target on the stock.MarketBeat
- PAR Technology First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- PAR Technology (PAR) Reports Q1 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- PAR Technology Corporation Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
PAR
Earnings
- 5/9/24 - Beat
PAR
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 5/6/24 - Form S-3ASR
- PAR's page on the SEC website