![]() ![]() ![]() ![]() The possibility of a sale of its government business.Multiple cross-selling and upselling opportunities.We see numerous reasons to be bullish on the shares: On the other hand, Back Office is recovering nicely with a 30% growth, and MENU has been introduced in the US market well ahead of schedule, achieving 500+ locations before any real sales effort. We are also having success upselling additional Punchh modules to existing customers as they build out their loyalty and customer engagement priorities. ![]() We signed some return customers, customers who for whatever reason had in previous years churn and are now re-signing with Punchh as they have realized Punchh is best-in-class. Only Punchh (its loyalty program solution) is feeling the slowdown in the economy a little, but it is already stabilizing ahead of management expectations and is winning back customers it previously lost ( Q1CC): Operator Solutions (Brink POS, PAR Pay, and PAR Payment Services).It reports its restaurant software in three segments: The company also has a legacy government business that has been on a tear lately and is likely to be sold at some point. PAR Technology ( NYSE: PAR) is one of our favorite companies as it has top-notch software solutions for the restaurant business that produce reliable 20%+ ARR growth, as well as a POS hardware business that has turned profitable and is quite complementary to its software business. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |