PAR Technology Corporation (NYSE:PAR) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET

Company Participants

Chris Byrnes - Senior Vice President of Business Development

Savneet Singh - Chief Executive Officer

Bryan Menar - Chief Financial Officer

Conference Call Participants

Mayank Tandon - Needham

Stephen Sheldon - William Blair

Eric Martinuzzi - Lake Street Capital Markets

Adam Kelsey - Craig-Hallum

Samad Samana - Jefferies

Anja Soderstrom - Sidoti

Andrew Hart - BTIG

Operator

Good day and thank you for standing by. Welcome to Par Technology Fiscal Year 2023 Fourth Quarter Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Chris Byrnes, Senior Vice President of Investor Relations and Business Development. Please go ahead.

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Chris Byrnes

Thank you, for your patience. I do apologize for the difficulties this morning. I'll just start right from the beginning. We are welcoming everyone to the call this morning, fiscal 2023 fourth quarter and year-end financial results call. This morning, we did release our financial results. The earnings release is available on the Investor Relations page of our website at partech.com, where you can also find the Q4 financial presentation as well as in our related Form 8-K furnished to the SEC.

During our call today, we will reference non-GAAP financial measures, which we believe to be useful to investors and exclude the impact of certain items. I'd also like to remind participants that this conference call may include forward-looking statements that reflect management's expectations based on currently available data. However, actual results are subject to future events and uncertainties.

The information on this conference call related to projections or other forward-looking statements may be relied upon and subject to the safe harbor statement included in our earnings release this afternoon and in our annual and quarterly filings with the SEC. Finally, I'd like to remind everyone that this call is being recorded, and it will be made available for replay via a link available on the Investor Relations section of our website.

Joining me on the call today is PAR's CEO and President, Savneet Singh and Bryan Menar, PAR's Chief Financial Officer. I'd now like to turn the call over to Savneet for the formal remarks portion of the call, which will be followed by general Q&A. Savneet?

Savneet Singh

Thanks, Chris, and thank you all for joining us on today's call. 2023 was a foundational year setting us up for a value creation flywheel; we think takes flight in '24 and hopefully years to come. The acceptance of our products by the industry's largest customers and the building blocks of an M&A muscle we intend to use regularly are now in place. I'll touch on these ideas later and begin with our results.