NYSE$PAR

PAR Technology Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

PAR Technology reported a revenue increase of 13.4% and a GAAP net loss for Q4 2019.

PAR Technology Corporation announced its Q4 and full year results for the period ended December 31, 2019. The company reported a revenue increase of 13.4% compared to the same period in 2018. However, the GAAP net loss was $5.8 million, or $0.35 loss per share, and the non-GAAP net loss was $4.4 million, or $0.27 loss per share.

  • Revenues were reported at $52.9 million, a 13.4% increase from Q4 2018.
  • GAAP net loss was $5.8 million, or $0.35 loss per share.
  • Non-GAAP net loss was $4.4 million, or $0.27 loss per share.
  • Brink ARR totaled $19.2 million, a 32% increase from Q4 2018.

Headline financials

Total Revenue

$52.9M

Previous: $46.7M+13.4%
EPS (adj)

-$0.27

Previous: -$0.23-17.4%
Annual Recurring Revenue

$19.2M

No prior period
Capital Expenditures

$110K

Previous: $947K-88.4%
Free Cash Flow

-$6.62M

Previous: -$2.82M-134.7%
Net Income

-$5.83M

Previous: -$6.16M+5.4%
Operating Income

-$3.59M

Previous: -$6.25M+42.6%
Gross Profit

$10.9M

Previous: $6.72M+62.3%
Cash & Equivalents

$28M

Previous: $3.49M+704.5%
Total Assets

$190M

Previous: $94.7M+100.3%
Stock-Based Comp

$868K

Previous: $285K+204.6%

Revenue & EPS history

PAR Technology · Revenue · Quarterly

$52.9M

Q4 2019+13.4%vs Q4 2018
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Revenue by segment

PAR Technology · $71M total across 3 segments · Q4 2022

  • Hardware
    $29.6M
  • Subscription Service
    $27.9M
  • Professional Service
    $13.5M

Forward guidance

The company is carefully monitoring the market impacts surrounding the recent Coronavirus outbreaks and are taking steps to mitigate near-term supply chain issues and challenges for our customers. We continue to prioritize the health and safety of our employees and have strengthened our oversight given the current concerns.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.7%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+4.1%

Avg return

30 days after

51%

33 / 65 earnings

Positive

+16.0%

Q1 2015

Best reaction

-27.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.5%+11.9%-2.8%
Q4 2025-27.5%-16.9%-43.0%
Q3 2025+15.8%+18.0%+3.5%
Q1 2025+3.3%+11.5%+6.9%
Q4 2024+13.2%+6.3%+1.2%
Q3 2024+13.0%+11.7%+18.3%
Q2 2024+13.6%+16.1%+17.8%
Q1 2024-6.2%-3.8%-4.1%
Q4 2023-4.1%-5.4%-0.1%
Q3 2023+6.2%+11.4%+22.2%
Q2 2023-9.1%+2.5%+18.5%
Q1 2023-0.4%+10.0%+24.0%
Q4 2022+0.1%+7.5%-0.6%
Q3 2022+9.6%+11.6%-1.0%
Q2 2022-13.6%-8.5%-23.9%
Q1 2022+5.3%+12.8%+19.6%
Q4 2021-4.1%-8.6%-3.8%
Q3 2021+2.1%+1.1%-16.1%
Q2 2021+1.1%+0.8%+9.3%
Q1 2021-14.6%-22.3%-15.5%
Q4 2020-3.4%+0.9%-0.1%
Q3 2020+0.0%+10.6%+36.2%
Q2 2020-1.7%+0.4%+4.6%
Q1 2020+12.6%+14.8%+51.9%
Q4 2019-20.4%-37.1%-26.7%
Q3 2019+12.2%+20.4%+12.5%
Q2 2019-10.0%-3.5%-10.8%
Q1 2019-3.2%-0.8%+8.6%
Q4 2018-0.7%-10.1%-9.5%
Q3 2018+3.2%-10.7%+3.7%
Q2 2018+15.4%+19.6%+16.7%
Q1 2018+2.0%+1.9%-1.9%
Q4 2017-6.7%+5.8%+21.0%
Q3 2017-6.2%-12.9%+0.2%
Q2 2017-1.7%+6.5%+7.6%
Q1 2017-1.9%-1.4%+0.4%
Q4 2016+3.7%+10.4%+13.0%
Q3 2016-14.1%-4.6%-3.6%
Q2 2016-0.8%-0.2%+4.3%
Q1 2016-17.4%
Q4 2015+15.1%
Q3 2015+15.2%
Q2 2015+15.3%
Q1 2015+16.0%
Q4 2014-5.9%
Q3 2014+6.0%
Q2 2014-3.5%
Q1 2014-0.2%
Q4 2013-1.2%
Q3 2013+0.9%
Q2 2013+0.5%
Q1 2013-1.2%
Q4 2012+5.3%
Q3 2012-3.8%
Q2 2012-0.2%
Q1 2011+0.8%
Q1 2012+0.8%
Q4 2009-0.8%
Q4 2011-0.8%
Q3 2010-1.0%
Q3 2011-1.0%
Q2 2010+2.4%
Q4 2010+2.4%
Q2 2011+2.4%
Q1 2010+7.0%

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