Summary

Tyler Technologies Beats

Tyler Technologies (TYL) reported 1st Quarter March 2024 earnings of $2.29 per share on revenue of $512.4 million. The consensus earnings estimate was $2.03 per share on revenue of $507.8 million. The Earnings Whisper number was $2.08 per share. Revenue grew 8.6% on a year-over-year basis.

The company said it expects 2024 non-GAAP earnings of $9.10 to $9.30 per share on revenue of $2.11 billion to $2.14 billion. The company's previous guidance was earnings of $8.90 to $9.10 per share on revenue of $2.095 billion to $2.135 billion and the current consensus earnings estimate is $8.91 per share on revenue of $2.11 billion for the year ending December 31, 2024.

Tyler Technologies Inc is a provider of integrated information management solutions and services to address the information technology needs in areas of operations for cities, counties, schools and other local government entities.

Earnings Release

Tyler Technologies Reports First Quarter 2024 Results

PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL), a large-cap growth technology company, today announced financial results for the first quarter ended March 31, 2024. The company’s earnings release can be accessed via the News section of Tyler’s investor relations website here: https://investors.tylertech.com/news/default.aspx.

Tyler Technologies will hold a conference call on Thursday, April 25, 2024, at 10:00 a.m. ET to discuss its first quarter 2024 results. Participants can pre-register for the teleconference at the following link: https://registrations.events/direct/Q4I5573497. Participants can dial 800-715-9871 (toll-free) or 646-307-1963 (toll) and enter conference ID 55734 to join the live call.

The live audio webcast and archived replay can also be accessed at the Events & Presentations section of Tyler’s investor relations website.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of integrated software and technology services for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions transform how clients turn actionable insights into opportunities and solutions for their communities. Tyler has more than 44,000 successful installations across 13,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

#TYL_Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20240424625118/en/

Hala Elsherbini
Senior Director, Investor Relations
Tyler Technologies, Inc.
972-713-3770
hala.elsherbini@tylertech.com

Source: Tyler Technologies