PAR Technology: A Growth Story at the 27th Annual Needham Growth Conference

PAR Technology Corporation (NYSE: PAR) is set to participate in the 27th Annual Needham Growth Conference, an event that brings together public and private company presentations, fireside chats, thematic panels, and one-on-one meetings with institutional, private equity, and venture capital investors. PAR Technology's CEO, Savneet Singh, will present at the conference, providing an opportunity for investors to learn more about the company's growth and potential.

PAR Technology is a global restaurant technology company that develops and markets products to assist hospitality operators in managing money, materials, people, and the guest experience. With nearly 100,000 installations in 110 countries worldwide, PAR Technology has a strong global presence and a diverse customer base. The company's extensive offering includes technology applications for the full spectrum of hospitality and restaurant operations, from independent table service restaurants to international QSR chains and five-star destination resorts.

At the 27th Annual Needham Growth Conference, PAR Technology will have the chance to showcase its growth and potential to a large audience of investors. The company's CEO, Savneet Singh, will participate in a fireside chat, providing an opportunity to discuss the company's strategy, recent achievements, and future outlook. Additionally, PAR Technology management will conduct one-on-one meetings with investors attending the conference, allowing for more in-depth discussions about the company's performance and growth prospects.

PAR Technology's participation in the Needham Growth Conference comes on the heels of a strong quarterly performance. In Q3 2024, the company reported a significant increase in Annual Recurring Revenue (ARR) and subscription service revenues. ARR grew to $248.1 million, representing a total growth of 93.3% inclusive of organic growth of 24.8% from the previous year. Quarterly subscription service revenues increased by 91.0% year-over-year. This strong financial performance demonstrates PAR Technology's ability to execute its strategic plan and deliver best-in-class products.

In addition to its strong financial performance, PAR Technology has made strategic moves to expand its global footprint and enhance its foodservice transaction capabilities. The company completed the acquisition of TASK Group Holdings Limited, an Australia-based global foodservice transaction platform. This acquisition expands PAR's global presence and enhances its foodservice transaction capabilities, positioning the company for future growth.

PAR Technology's participation in the 27th Annual Needham Growth Conference is an opportunity for the company to increase its visibility among investors and showcase its growth and potential. With a strong financial performance, strategic acquisitions, and a diverse customer base, PAR Technology is well-positioned for future growth and success. Investors who are interested in learning more about PAR Technology's growth story should consider attending the conference or following up with the company's management team.



In conclusion, PAR Technology's participation in the 27th Annual Needham Growth Conference is an opportunity for the company to showcase its growth and potential to a large audience of investors. With a strong financial performance, strategic acquisitions, and a diverse customer base, PAR Technology is well-positioned for future growth and success. Investors who are interested in learning more about PAR Technology's growth story should consider attending the conference or following up with the company's management team.