PAR Earnings Prediction
The chart below shows how PAR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PAR sees a +9.02% change in stock price 10 days leading up to the earnings, and a +11.58% change 10 days following the report. On the earnings day itself, the stock moves by -2.15%. This data can give you a slight idea of what to expect for the next quarter's release.
PAR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
96.75M
-9.69%
23.81%
Gross Margin
41.69%
61.09%
8.31%
Operating Margin
-14.51%
17.87%
-41.75%
Net Margin
-21.36%
47.51%
-29.22%
EPS
-0.55
-1.79%
-134.59%
No Data Available
PAR Earnings Analysis
PAR Technology Corp. Corporation (PAR.N) Earnings Conference Call
Positive
Consistent Organic Growth: 1. Strong Organic Growth: PAR Technology achieved over 20% organic growth for the seventh consecutive quarter, demonstrating consistent performance and operational efficiency.
Subscription Revenue Surge: 2. Significant Subscription Revenue Increase: Subscription services revenue grew by 91% year-over-year, reaching $59.9 million, which now represents 62% of total revenue.
Adjusted EBITDA Improvement: 3. Positive Adjusted EBITDA: The company reported a positive adjusted EBITDA of $2.4 million for Q3 2024, a significant improvement from a loss of $6.6 million in the same quarter last year.
Significant ARR Growth: 4. Robust Annual Recurring Revenue (ARR): The exit ARR for Q3 totaled over $248 million, reflecting a 93% increase compared to the previous year, with Engagement Cloud ARR growing by nearly 150%.
Subscription Services Margin Increase: 5. Improved Subscription Services Margin: Subscription service margin increased to 55.3%, up from 50.6% in Q3 2023, driven by efficiency improvements and contributions from recent acquisitions.
Negative
Net Loss Comparison: 1. Net Loss Increase: PAR Technology reported a net loss from continuing operations of $20.7 million for Q3 2024, compared to a net loss of $19.2 million in Q3 2023, indicating a worsening financial position year-over-year.
Hardware Revenue Decline: 2. Decline in Hardware Revenue: Hardware revenue decreased by 12% year-over-year, falling to $22.7 million in Q3 2024 from $25.8 million in the same quarter last year, reflecting challenges in the hardware segment.
Rising Operating Expenses: 3. High Operating Expenses: GAAP General and Administrative expenses rose to $27.4 million in Q3 2024, a significant increase of $9.8 million from $17.5 million in Q3 2023, driven by M&A transaction fees and stock-based compensation.
Cash Flow Challenges: 4. Negative Cash Flow from Operations: Cash used in operating activities from continuing operations was $2.4 million for the nine months ended September 30, 2024, although this was an improvement from $27.9 million for the same period in the prior year, it still indicates cash flow challenges.
R&D Expense Increase: 5. Increased R&D Expenses: GAAP R&D expenses increased to $17.8 million in Q3 2024, up $3.2 million from $14.7 million in Q3 2023, reflecting ongoing investment pressures despite the need for cost management.
PAR FAQs
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PAR Earning Call Sentiment
PAR Technology Corporation (PAR) Q3 2024 Earnings Call Transcript
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00:00
00:00
PAR.N
-4.67%Positive
The earnings call reveals strong financial performance with a 41% revenue increase and improved EBITDA. Despite a net loss, there's a significant improvement in non-GAAP net loss. The Q&A highlights positive sentiment around acquisitions and potential deals, though some responses were vague. The market cap suggests moderate volatility, and the overall sentiment leans positive due to strong revenue growth, improved margins, and optimistic guidance, likely resulting in a 2% to 8% stock price increase.
