Chris. And Thanks, results. for XXXX to quarter year-end us thanks everyone PAR's review joining in fourth
always, to want we'll lot share so all As in there's we you now. our prepared off of with today remarks, a kick
as saw to fourth quarter, margin continued growth in expansion to get drive the of benefits a revenue our During we we platform the continued begin and strategic recurring scale.
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driven brings the parse totaled quarter when Unified level continues business a holiday increase to X,XXX the in and On this throughout sites, this near of net a results demand periods low XX% store by the in we number XX,XXX, very strong Platform. QX, significant for was considering across any very have to was extremely as continued execution build were quarter report and high Commerce two ago. established Brink In quarter totals improved Brink We've no churn little, a one X.X% different annualized. continued XXXX. stores if quarter and churn new on strong solid that were Our saw momentum in Cloud cadence X,XXX churn bookings now count total basis and deployments a occur. after from near Brink year QX. activated
Now, turning to Punchh.
most. the in loyalty added critical more your to like now We loyal in impressive contracted customers on XX% in counts with are it continue to that even the suggests where total programs marketing. last our customer and compete. increase logos national POS, We at more of list. to sites value XX,XXX connect flow make or eight quarter, than future the XX to for or focused whether added months. online store through restaurant association their tableside easier order outperform that those than businesses QX brands and signed Punchh, struggle with XXXX the to increase The customer ordering it's delivery, that are restaurant sites new phone restaurants Applications tablet, Punchh restaurant lifetime increasing Digital will if it most
for even stronger. leading growth digital demand the pandemic, ordering during loyalty the the a app rapid in is With
understand number customer LTV unit Restaurants understand profitability. versus need demand. value the expands, interval expand, to moving lifetime the of pulling Punchh customer individual channels more thereby As to are stores
Services are in announce recently Smoothie seeks were quarter, Payment c pleased PAR pipeline segment payments selection store the more momentum to the in the robust engine we the extremely richer significantly by XXXX-plus all to beginning see from King solution in grew use PAR also to We restaurants. stores. as loyalty within and industry
basis. the partner, in new probably is and offering those things across I'm will continue Punchh this integrated upsell customer see increased who's has accelerate year from seeking Brink enterprise trusted a more competitive in additional interest technology an We of and all customer opportunities pricing. payment confident more as to more. and transparent PAR
believe team and acceleration -- ability be steam our seen Although although financial on still meaningful revenue to XXXX in will our it's early to new upsell this We've performance. our early payment’s confidence wins initiatives. our still in customer and given during future notable Moreover, products.
purchase revenues difficult strengthen to environment. sequentially in reported perform quarter Product Product to and continue product upon sales for a restaurant at that been capital several tricky, The even increase. markets. in XX% Our the supply a and has is chain business more so challenged this continues end during difficulties in quarter, year-over-year global improved million and the environment always and well. thrust well the ended pandemic $XX.X recently as
are As those I and impact mentioned chain some not we supply around we associated realities. margin experienced immune the to with have challenges with cost previously, current the
However, work given procurement over able expand and margins as our strong of to we some with teams. were operations the the year actually margins,
same diligently in at a the greater to to sources, inventory. events. and plan any anticipate inflation, supply will time sourcing are shortages, the charges. while of continue increase monitor and and downstream uniquely We Regarding our volatility us diversity chain time, expect predict operations the supplier supply price freight visibility closely specifically, management We upstream create adverse supply to our for we and continued technology vendors real in enabling and help across manage and channels to we chain, partners believe through positioned
briefly year. new quarter million, assigned. orders November, X% we in With in revenues QX XXXX our large are our to contract, as we announced on increase report last in business. In compared a anticipate task government when Now, of to the we of acceleration reported revenues $XX.X
Air documentation. a beyond U.S. ordering $XXX.X As award technical unmanned a and award a for term The has aircraft on IDIQ awarded contract additional original work single the of million Lab software, with two-year of reminder, hardware, order performance small of period Research Force six. counter contract system six-year the
We at the QX, a contract revenue new end of assigned, immediate we task our that contract seeing but backlog orders will the as on grew result direct of million impact $XXX.X award. recognize are are to
In and Intel performance experience in additional XXXX, out growth opportunities and seek continue decade contracts revenue line. value-added within specifically our contract our accelerated contract to to in long we'll leverage excellence, revenue high-tech our where solutions service direct addition work we labor include can that
a where see we now going from perspective. bit things Let talk business about me a
business Looking my its time accelerated innovation. order and back for its benefit its driving very profitable in all driving in been its us operational to business has to communities, on business win. very improvement growth significant stakeholders, progress suppliers, shareholders, Winning to there employees, meaningful We in is our PAR, an at time. long and believe that focus has on its that customers, a its for of
While our has of in demonstratable cost to marketing constantly we're growth term recurring an and This revenue aggressive on operating expense efficiency line we're sales on period R&D line. led dramatic our in also the focused we serve, on given leverage investment gross every items. focus driving, a margin
Platform. to integrate focus cost Unified teams records track bring continue delivering needed individuals our In and organized of engineering the team, addition, growth. product solidify our improvements, leadership proven We of senior we Commerce efficiency discipline to adding on
quicker time to designed While to portfolio, the customer the established better to customers. at needs the critical address linkages collaboration needs. to ensuring innovative while cost-effectively, aligned move and These the quickly new organization ideas foster market with of are to our and across are we same entire product changes structuring bringing
to organizational to growth. bringing our and long-term while As on accountability sustainable maintain discipline recognize revenue realizing we business make to we continue need the focus operational changes, these
As driving specifically I profitable streams. is growth, focus on our a part big revenue earlier, subscription of on mentioned this
where along SGNA excluding drive XX% focus Our cross-sell to this help find example deliver to consistently P$L single opportunities every customer formulate with of of to as XX% this revenue a is model, to almost Brink, up-sell our and ARR to within and is year-over-year stayed Combining flat year. grew great we will new ARR operating XX% A our acquisitions. consistently but every industry in goal leverage expect grow we in only growth leader. signings the with of XXXX while PAR excess within not line ARR
very we're very ADEX the While cognizant years, our the industry three that we've in almost at of we serve. beginning ARR still transformation that we're as grown
product their our goal but create to customers their is a hands. not hope platform power customer to deliver solution in a team want PAR We a energy the that our broader I our team Unified stop Our community. bundled Platform to management unique in on to back building and customer back experience. the and to spend the to members to Commerce vendor Ukraine focusing our that allows our puts on instead based In in send and closing, delivering support
is our performance concern veered on We've primary who items family past allowed financial off few to focus situation It's but to their move focus them course Our monitoring our and Bryan, because I'd wrong us not dedication offer to worked gotten to and we has in like over the together and off when like few winning done review it greater continued With that, quarter. it's key effort future. their safety we will of safety quickly it employees to together. detail. I'd been our assistance. thank but we've PAR's in all easy, also contact a are hand for a right and with the closely the on
