Par Technology Corporation shares rise 3.28% intraday after Arq, Inc. reported increased revenue and positive Adjusted EBITDA.

Par Technology Corporation rose 3.28% intraday, with the company reporting increased revenue of 13% year-over-year and maintaining sustained PAC price improvement. The company also delivered its fifth consecutive quarter of positive Adjusted EBITDA, up over 200% year-over-year, and achieved a major milestone with the commissioning of its first GAC line at Red River. Additionally, the company is targeting a final investment decision for its second GAC line prior to year-end 2025.