Tyler Technologies(TYL)

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Wyoming State Parks' New Reservation Site is Now Live, Powered by Tyler Technologies
Businesswire· 2024-01-03 14:17
PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) announced the Wyoming State Parks’ new reservation site is now live and ready to accommodate bookings from visitors, whether it’s an RV hookup, tent camping under the stars, or glamping in comfort. Launched by Tyler, the new reservation site offers an enhanced user experience including photos and detailed, interactive maps, so visitors will know exactly what to expect when they arrive. Visitors can also stay updated on their reservation ...
Tyler Technologies to Participate in January and February Investor Conferences
Businesswire· 2024-01-02 14:17
PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) will participate in two investor conferences in January and February 2024. Brian Miller, Tyler’s executive vice president and chief financial officer, will attend the Needham Annual Growth Conference at the Lotte New York Palace Hotel in New York City on Wednesday, Jan. 17. Brian will participate in a 9:30 a.m. ET fireside chat and host one-on-one meetings throughout the day. Brian will also attend the Wolfe Research “March Madness” Softw ...
Tyler Technologies to Participate in January and February Investor Conferences
Business Wire· 2024-01-02 09:17
PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) will participate in two investor conferences in January and February 2024.Brian Miller, Tyler’s executive vice president and chief financial officer, will attend the Needham Annual Growth Conference at the Lotte New York Palace Hotel in New York City on Wednesday, Jan. 17. Brian will participate in a 9:30 a.m. ET fireside chat and host one-on-one meetings throughout the day.Brian will also attend the Wolfe Research “March Madness” Software ...
Tyler Technologies(TYL) - 2023 Q3 - Earnings Call Transcript
2023-11-02 16:43
Tyler Technologies, Inc. (NYSE:TYL) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Hala Elsherbini - Senior Director-Investor Relations Lynn Moore - President & Chief Executive Officer Brian Miller - Chief Financial Officer Conference Call Participants Matthew VanVliet - BTIG Kirk Materne - Evercore ISI. Joshua Reilly - Needham Rob Oliver - Baird Connor Passarella - Truist Securities Alex Zukin - Wolfe Research Saket Kalia - Barclays Jonathan Ho - William Blair Clarke Jef ...
Tyler Technologies(TYL) - 2023 Q3 - Quarterly Report
2023-10-31 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 75-2303920 (State or other jurisdiction of incorporation or organization) (I.R.S. em ...
Tyler Technologies(TYL) - 2023 Q2 - Earnings Call Transcript
2023-07-27 19:14
Tyler Technologies, Inc. (NYSE:TYL) Q2 2023 Results Conference Call July 27, 2023 10:00 AM ET Company Participants Hala Elsherbini - Senior Director of IR Lynn Moore - President & CEO Brian Miller - CFO Conference Call Participants Pete Heckmann - D.A. Davidson Matthew VanVliet - BTIG Terry Tillman - Truist Securities Gabriela Borges - Goldman Sachs Josh Reilly - Needham Saket Kalia - Barclays Ethan Park - Wolfe Research Michael Turrin - Wells Fargo Securities Kirk Materne - Evercore ISI Charles Strauzer - ...
Tyler Technologies(TYL) - 2023 Q2 - Quarterly Report
2023-07-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | | 75-2303920 | | | --- | --- | --- | --- | | (State or other jurisdiction of | | (I.R ...
Tyler Technologies(TYL) - 2023 Q1 - Earnings Call Transcript
2023-04-27 20:25
Financial Data and Key Metrics Changes - Total revenues for Q1 2023 were $471.9 million, an increase of 3.5% year-over-year, with organic revenue growth of 7.2% excluding COVID-related revenues [1][15] - Operating margins were pressured due to the shift to cloud services and a decline in license revenues, with expectations for margins to trough in 2023 and expand in 2024 [4][6] - Cash flow from operations was robust at $74.7 million, up 39.5%, and free cash flow was $63.6 million, up 55.1% [5] Business Line Data and Key Metrics Changes - License revenue declined by 39% as the company shifted towards SaaS, while professional services revenue decreased by 13% but rose 4.7% organically [2] - Subscription revenue increased by 14.3%, with SaaS revenues growing 24.4% to $126.6 million and transaction revenues growing 7.1% to $153.9 million [2][3] - The company added 145 new SaaS arrangements and converted 73 existing clients to SaaS, with a total new software contract value of approximately $86 million [3] Market Data and Key Metrics Changes - The public sector market showed strong demand, with a high level of request for proposals and demo activity, particularly in the ERP space [14][15] - SaaS deals comprised 87% of new software contract value in Q1, up from 80% the previous year, indicating a strong market shift towards cloud solutions [15] Company Strategy and Development Direction - The company is focused on cloud transition initiatives and enhancing its payments business, with over 120 new payment deals signed in Q1 [16][34] - The acquisition of Rapid Financial Solutions is expected to enhance payment capabilities and drive growth [16][60] - The company aims to strengthen its balance sheet while continuing to evaluate M&A opportunities that align with long-term strategic goals [5][117] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment and solid client budgets, despite challenges in the labor market affecting clients [28][112] - The company anticipates that operating margins will improve by Q4 2023, with a focus on intentionality in business operations beyond just cloud transition [48][76] - The upcoming Investor Day is expected to provide further insights into the company's strategic growth roadmap and financial targets [45][146] Other Important Information - The company expects total revenues for 2023 to be between $1.935 billion and $1.970 billion, implying organic growth of approximately 8% [6] - GAAP diluted EPS is expected to be between $3.65 and $3.80, while non-GAAP diluted EPS is projected to be between $7.50 and $7.65 [7] Q&A Session Summary Question: What is the current demand environment and pipeline opportunities? - Management noted that RFP volume and demo activity are at almost all-time highs, indicating strong demand, although it may take several quarters to convert into business [28] Question: Can you provide insights on margin expectations? - Management indicated that while Q1 margins were better than expected, they do not anticipate seeing year-over-year margin improvement until Q4 2023 [48][75] Question: How is the integration of Rapid Financial Solutions progressing? - The integration is progressing well, with early traction seen in upselling opportunities and synergies with existing services [60][83] Question: What is the outlook for free cash flow and tax impacts? - The company expects a significant impact on free cash flow due to cash tax payments related to Section 174, but anticipates a free cash flow margin in the mid-teens range [64][113] Question: How does the company view M&A opportunities? - The company continues to evaluate M&A opportunities, particularly those that align with its strategic goals, while focusing on deleveraging [117]
Tyler Technologies(TYL) - 2023 Q1 - Quarterly Report
2023-04-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 75-2303920 (State or other jurisdiction of incorporation or organization) (I.R.S. employ ...
Tyler Technologies(TYL) - 2022 Q4 - Annual Report
2023-02-21 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 75-2303920 (State or other jurisdiction of incorporation or organization) 5101 Ten ...