Food service tech firm PAR Technology Q3 sales beat estimates on strong subscription revenue growth

PAR Technology

06/11/2025 21:55

Overview

PAR Technology Q3 revenue grows 23% yr/yr, beating analyst expectations

Annual Recurring Revenue (ARR) grew 22%, with 15% organic growth

Company launched PAR AI, enhancing its product suite

Outlook

PAR Technology expects AI integration to drive better outcomes for enterprise customers

Company anticipates revenue growth above market levels through tier 1 deals

Result Drivers

ARR GROWTH - Annual Recurring Revenue grew 22% year-over-year, with 15% organic growth

SUBSCRIPTION REVENUE - Quarterly subscription service revenues increased 25% year-over-year, with 16% organic growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$119.20 mln
$112.22 mln (10 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the office equipment peer group is "buy"

Wall Street's median 12-month price target for PAR Technology Corp is $70.00, about 51.5% above its November 5 closing price of $33.95

The stock recently traded at 60 times the next 12-month earnings vs. a P/E of 124 three months ago

Press Release: ID:nBw89DwJra

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)