Neil Dalal
JPMorgan Chase & Co.

All right. Let's hop right in, given we have a tight calendar here. So Savneet, thanks for joining us once again at the conference. Let's hop right into it.

Neil Dalal
JPMorgan Chase & Co.

So for those not familiar, can you just give a brief snapshot of PAR and what PAR is?

Savneet Singh
CEO, President & Director

PAR is a platform to run your enterprise restaurant. We sell software and now AI-related products to enterprise restaurants. Think of that as restaurants greater than 50-plus units, and we cover everything from front of house, which is loyalty and online ordering to the back of house and point of sale. And so our goal for the last number of years has been to integrate these solutions to more of a unified platform as opposed to a bunch of disparate services.

Neil Dalal
JPMorgan Chase & Co.

Great. And we'll spend some more time on the strategy in a minute. But let's kind of talk about some current events. So you reported Q1 earnings last week. Anything you want to -- anything stood out that you want to talk about with the group here?

Savneet Singh
CEO, President & Director

Yes. I mean I think we had a great quarter. We, I think, beat expectations pretty substantially and then gave guidance that was better than expectations. I think maybe the critical points to highlight in the quarter were, obviously, our guidance was very strong, sort of reiterating our belief that we are taking -- continue to take share and continue to move