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PAR Technology Corporation (NYSE: PAR) delivers innovative solutions for restaurant and government sectors through its cloud-based platforms and specialized hardware. This news hub provides investors and industry professionals with essential updates on the company's strategic developments.
Access comprehensive coverage of earnings announcements, product innovations, and government contract milestones. Track PAR's progress in digital ordering systems, point-of-sale advancements, and federal IT projects through verified press releases and financial disclosures.
Our curated collection includes updates on restaurant technology partnerships, retail system enhancements, and defense sector engagements. Stay informed about subscription model expansions and hardware deployments that drive PAR's growth across multiple markets.
Bookmark this page for ongoing access to operational intelligence updates, leadership changes, and market positioning moves from a company shaping modern hospitality and government tech infrastructure.
PAR Technology Corporation (NYSE: PAR), a leader in enterprise foodservice technology solutions, has announced its participation in the upcoming J.P. Morgan Global Technology, Media and Communications Conference. CEO Savneet Singh will engage in a fireside chat on Tuesday, May 13th at 5:10 p.m. ET. The management team will also hold one-on-one meetings with investors and analysts during the event. The fireside chat will be accessible via live webcast on PAR's investor relations website, with replay options available after the presentation.
PAR Technology (NYSE: PAR) has announced it will release its first quarter financial results for fiscal 2025 on Friday, May 9, 2025. The company will issue the results at 7:30 a.m. ET, followed by an investor presentation and conference call at 9:00 a.m. ET. The earnings conference call will be accessible via webcast through PAR Technology's Investor Relations website. A recording of the webcast will be made available after the event.
PAR Technology (NYSE: PAR) has announced its PAR POS Spring Release, introducing significant enhancements to its enterprise foodservice technology platform. The update focuses on three key areas: guest convenience, staff operations, and platform extensibility.
Key features include:
- New contactless payment options via SMS and QR codes through PAR Pay
- Loyalty account payments for in-store orders
- Geofencing Integration for kitchen ETA tracking
- Customizable modifier pricing
- Enhanced tax support for regional and marketplace facilitator taxes
- Real-time Data Feed reducing sync times from 5-10 minutes to near-instant
- Custom data management capabilities with API access
The release aims to improve operational efficiency, guest experience, and platform performance for restaurant operators across more than 110 countries.
PAR Technology (NYSE: PAR) has announced the winners of its sixth annual PAR Punchh® Customer Awards, celebrating excellence in restaurant loyalty and engagement programs. Church's Texas Chicken® earned Rookie of the Year for achieving nearly 620,000 loyalty sign-ups, while Wendy's secured the Digital Innovator Award for their SpongeBob campaign that drove over 8.5 million sessions.
Other notable winners include Salsarita's Fresh Mexican Grill as Loyalty Royalty Leader, Condado Tacos as All Star, Bar Louie as Campaign Hotshot, Farmer Boys as Retention Rockstar, Paris Baguette as International Achiever, and Pancheros Mexican Grill's Alexis Puebla as Marketer of the Year. Graeter's Ice Cream was named Customer Advocate of the Year.
The awards recognize innovation among PAR Punchh's network of over 275 restaurant brands, highlighting achievements in personalized loyalty programs, digital campaigns, and customer engagement strategies.
PAR Technology (NYSE:PAR) has been selected by EG America to power the relaunch of their SmartRewards loyalty program across more than 1,500 convenience store locations nationwide. The revamped program, built on PAR Retail™, aims to transform customer engagement through personalized benefits, seamless enrollment, and dynamic one-to-one promotions.
The enhanced SmartRewards program features membership tiers, exclusive sweepstakes, and first-to-market product launches. EG America expects the program to increase customer engagement by 275% this year. The initiative leverages PAR Retail's data-driven approach to deliver personalized promotions and adapt to customer preferences in real-time.
This partnership represents EG America's commitment to digital transformation and technology-driven customer experiences, with plans to enroll millions of members in the first few months. The program will be implemented across EG America's various retail brands, including Cumberland Farms, Fastrac, Kwik Shop, and other convenience store chains.
PAR Technology (NYSE: PAR), a global restaurant technology company specializing in unified commerce for enterprise foodservice, has announced its participation in two major investor conferences in March 2025.
CEO Savneet Singh will engage in fireside chats at two events:
- The Morgan Stanley Technology, Media & Telecom Conference on March 5th, 2025, at 5:35 p.m. ET
- The Wolfe Research FinTech Forum on March 12th, 2025, at 9:30 a.m. ET
During both conferences, PAR management will conduct one-on-one meetings with investors and analysts. Live webcasts will be available on PAR's investor relations website, with replay options accessible after each presentation.
PAR Technology (NYSE: PAR) reported strong Q4 and full-year 2024 results, highlighting significant growth in its subscription services. Annual Recurring Revenue (ARR) reached $276.0 million, marking a 102% total growth with 21% organic growth compared to Q4 '23 ($136.9 million). Quarterly subscription service revenues increased 95% year-over-year, with 25% organic growth.
The company's performance is divided into two main product lines: Engagement Cloud (including Punchh, PAR Retail, PAR Ordering, and Plexure) reported ARR of $159.1 million with 119.7 thousand active sites, while Operator Cloud (including PAR POS, PAR Payment Services, PAR OPS, and TASK) achieved ARR of $116.8 million with 54.8 thousand active sites. Notable developments include the acquisition of Delaget, a restaurant analytics provider, and achieving positive Adjusted EBITDA for the second consecutive quarter.