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Par Technology Corp. - PAR STOCK NEWS

Welcome to our dedicated news page for Par Technology (Ticker: PAR), a resource for investors and traders seeking the latest updates and insights on Par Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Par Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Par Technology's position in the market.

News
Beef ‘O’ Brady’s Selects PAR Technology’s MENU & Punchh to Boost Omnichannel Ordering and Loyalty Capabilities
Rhea-AI Summary
Beef ‘O’ Brady’s partners with PAR Technology to enhance omnichannel ordering and loyalty capabilities, utilizing PAR MENU and Punchh. The collaboration aims to streamline operations, drive revenue growth, and elevate customer engagement through advanced features and seamless integration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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PAR Technology’s Data Central® Selected as the Exclusive Provider of Food and Inventory Management Across Love's Travel Stops
Rhea-AI Summary
PAR Data Central chosen as the exclusive Enterprise Food Management Solution provider for Love's Brands, enhancing back-office operations and customer experience. The implementation aims to streamline processes, optimize food cost tracking, and centralize operational efficiency across a diverse portfolio of renowned brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.96%
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News
PAR Punchh® Partners with Attentive on SMS Marketing Capabilities for Restaurant Loyalty Programs
Rhea-AI Summary
ParTech, Inc. (PAR) announces a new partnership between PAR Punchh® and Attentive, enhancing restaurant customer engagement through SMS marketing. The integration aims to boost loyalty acquisition, increase revenue, and improve customer communication.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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partnership
News
PAR Technology’s Punchh® Selected as Loyalty Platform Provider for Wendy’s
Rhea-AI Summary
ParTech, Inc. (PAR) partners with Wendy's to enhance its loyalty program using PAR Punchh's AI-driven platform and loyalty expertise. Wendy's aims to offer targeted promotions and gamified experiences to improve customer engagement across its 6,500 locations in the US and Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
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A&W Restaurants Selects PAR Technology’s Data Central® to Propel Growth
Rhea-AI Summary
PAR Technology's Data Central Enterprise Reporting and Analytics solution is adopted by A&W Restaurants, showcasing a commitment to innovation and operational efficiency. The partnership aims to drive growth, optimize operations, and enhance customer experiences in the restaurant industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
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News
PAR Technology Corporation Announces Strategic Acquisitions to Expand Global Vision, Extend Unified Commerce Offerings and Accelerate Drive Towards Profitability
Rhea-AI Summary
PAR Technology Corporation announces acquisitions of TASK Group and Stuzo Holdings, expanding its unified commerce software offerings globally. The acquisitions are financially accretive and aim to enhance PAR's leadership in the foodservice and retail industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
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acquisition
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PAR Technology Corporation Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
PAR Technology Corporation (PAR) reported a 10.3% increase in quarterly revenues and a 16.9% increase in annual revenues for the year ended December 31, 2023. The Annual Recurring Revenue (ARR) grew to $136.9 million, marking a 22.8% increase from the previous quarter. Despite the revenue growth, the company reported a net loss for both the fourth quarter and the full year. The EBITDA and Adjusted EBITDA also showed losses compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.21%
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earnings
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PAR Technology Corporation to Present at Upcoming Investor Conferences
Rhea-AI Summary
PAR Technology Corporation (PAR) CEO to participate in investor conferences to discuss company's unified commerce solutions for enterprise restaurants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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conferences
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Hooters of America, LLC Selects PAR Technology to Redefine Excellence in Table Service
Rhea-AI Summary
PAR Technology's Brink POS and Data Central Inventory Module selected by Hooters to enhance operational efficiency and order accuracy, showcasing commitment to improving table service experience in 367 restaurants across 36 states and 18 countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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none
News
PAR Technology Corporation Releases Conference Call and Webcast Information for Fiscal 2023 Fourth Quarter & Year End Financial Results
Rhea-AI Summary
PAR Technology Corporation (PAR) is set to announce its fourth-quarter and year-end financial results on February 27, 2024. The results will be released at 7:30 a.m. ET, followed by an investor presentation and conference call at 9:00 a.m. ET. CEO Savneet Singh, CFO Bryan Menar, and SVP Christopher Byrnes will provide a business update and answer participant questions. Registration for the call is open, and a webcast will be available on the PAR Technology Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.87%
Tags
earnings
Stock PAR logo
Par Technology Corp.

NYSE:PAR

PAR Rankings

#2314 Ranked by Market Cap
#2040 Ranked by Stock Gains
N/A Ranked by Dividends

PAR Stock Data

1.22B
23.86M
1.71%
95.3%
15.97%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
US
New Hartford

About PAR

about par technology corporation par technology corporation's stock is traded on the new york stock exchange under the symbol par. par’s hospitality segment has been a leading provider of restaurant and retail technology for more than 30 years. par offers technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains. products from par also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. par’s government business is a leader in providing computer-based system design, engineering and technical services to the department of defense and various federal agencies. visit www.partech.com for more information.