PAR Technology Corporation Reports Q1 2025 Earnings Results
PAR Technology Corporation released its earnings results for the first quarter ended March 31, 2025. For the quarter, the company reported revenue of $103.86 million, a significant increase from $70.07 million in the same period the previous year. Despite the revenue growth, PAR Technology Corporation reported a net loss of $24.35 million, compared to a net loss of $18.29 million in Q1 2024.
Key Financial Highlights
- Revenue: $103.86 million, up from $70.07 million year-over-year
- Net loss: $24.35 million, compared to $18.29 million in Q1 2024
- Basic loss per share from continuing operations: $0.61, down from $0.69 in Q1 2024
- Diluted loss per share from continuing operations: $0.61, down from $0.69 in Q1 2024
The company’s revenue growth was notable, driven by its unified commerce solutions for enterprise foodservice. PAR Technology Corporation’s products and services, including Brink POS Enterprise, Data Central, and Punchh, continue to be used by over 70,000 restaurants in more than 110 countries.
PAR Technology Corporation is a global restaurant technology company providing a complete suite of front- and back-office products to serve the enterprise technology needs of restaurants and hospitality concepts of all sizes.
