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Dec 31, 2021
PAR Technology Q4 2021 Earnings Report
PAR Technology Corporation's Q4 2021 performance showed revenue growth and a significant increase in software annual recurring revenue (ARR), but also reported a net loss and adjusted EBITDA loss.
Key Takeaways
PAR Technology Corporation reported a 39.4% increase in total revenues for Q4 2021 compared to Q4 2020, driven by contributions from Punchh and growth in product revenue. The company's software ARR saw a substantial rise, but it also experienced a net loss and an adjusted EBITDA loss for the quarter.
Total revenues increased by 39.4% year-over-year from Q4 2020.
Software Annual Recurring Revenues (ARR) grew by 163.6% compared to Q4 2020, reaching $88.2 million.
Brink POS and Punchh both demonstrated strong ARR growth.
The company's product revenue grew by 48% from Q4 2020, indicating strong demand for PAR’s platform.
Forward Guidance
No specific forward guidance was provided in the document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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