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Stock impact report

PAR Technology: Growth Outlook Has Gotten More Robust [Seeking Alpha]

PAR Technology Corporation (PAR) 
Last par technology corporation earnings: 3/12 04:05 pm Check Earnings Report
US:NYSE Investor Relations: partech.com/about-us/investors
Company Research Source: Seeking Alpha
the potential acquisition of TASK expands international exposure and TAM opportunities. PAR Technology's growth outlook has improved with the addition of Stuzo and potential acquisition of TASK. Recent results show strong performance, with total ARR growing 23% YoY and increased adoption across the product portfolio. Overview My recommendation for PAR Technology ( NYSE: PAR ) is a buy rating, as I expect growth to continue into the near term. Especially with the addition of Stuzo and potentially TASK, I believe the growth outlook has gotten a lot more positive than when I last looked at the company. Note that I previously rated buy rating for PAR as I believed the TAM was large enough for PAR to continue winning share and upsell its products to drive ARPU expansion. Underlying its ability to do so was a set of strong product portfolios that helped restaurants achieve digitalization. Recent results & updates PAR reported 4Q23 revenue of $107.7 million, just a touch above co Show less Read more
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