PAR Q1 2024 Earnings — PAR Technology Corporation Revenue & Financial Results | Market Cap Arena

PARPAR Technology Corporation

$698M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$70M-30.2% YoY

Gross Profit

$26M37.2% margin

Operating Income

-$27M-38.2% margin

Net Income

-$18M-26.1% margin

EPS (Diluted)

$-0.62

QoQ Revenue Growth

-34.9%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$25M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$483M

Stockholders' Equity

$526M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$100M	-30.2%
Gross Profit	$26M	$23M	+12.4%
Operating Income	-$27M	-$14M	-92.9%
Net Income	-$18M	-$16M	-15.0%

Revenue Segments

Subscription Service

$38M36%

Contract

$35M34%

Hardware

$18M17%

Professional Service

$13M13%

Geographic Segments

UNITED STATES

$100M95%

Non-US

$6M5%