PAR Q2 2023 Earnings — PAR Technology Corporation Revenue & Financial Results | Market Cap Arena

PARPAR Technology Corporation

$698M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$70M-18.3% YoY

Gross Profit

$19M27.6% margin

Operating Income

-$20M-28.6% margin

Net Income

-$20M-28.3% margin

EPS (Diluted)

$-0.72

QoQ Revenue Growth

-30.8%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$241,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$816M

Total Liabilities

$474M

Stockholders' Equity

$342M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$85M	-18.3%
Gross Profit	$19M	$21M	-9.2%
Operating Income	-$20M	-$16M	-23.5%
Net Income	-$20M	-$19M	-4.5%

Revenue Segments

Contract

$31M31%

Subscription Service

$30M30%

Hardware

$26M26%

Professional Service

$13M13%

Geographic Segments

UNITED STATES

$95M95%

Non-US

$5M5%