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Stock impact report

PAR Technology outlines AI-native platform shift and targets mid-teens organic ARR growth through 2025 [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
CEO Savneet Singh reported "Q3 was another strong quarter for PAR, one that shows the progress we're making on all fronts: growth, profitability, and cash generation." Singh highlighted $119 million in revenue, a 23% year-over-year increase, with adjusted EBITDA Quick Insights PAR Technology reduced its target from 20% to mid-teens 2025 ARR growth due to a slower first half, but management remains confident in meeting these revised goals through backlog and pipeline execution. AI is now central to PAR's long-term strategy, with products like Coach AI and PAR AI intended to drive operational insights, multiproduct cross-sell, and industry leadership within restaurant technology. PAR acknowledges that recent US tariffs have pressured hardware margins, but they have adjusted pricing to help offset these effects in future quarters. More Trending News Show less Read more
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