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Tyler Technologies (TYL) Q1 Earnings & Revenues Beat Estimates
TYLTyler Technologies(TYL) Zacks Investment Research·2024-04-25 17:35

Tyler Technologies, Inc. (TYL) reported first-quarter 2024 non-GAAP earnings of 2.20pershare,whichbeattheZacksConsensusEstimateof2.20 per share, which beat the Zacks Consensus Estimate of 2.03. The bottom line was higher than the year-ago quarter’s earnings of 1.76.NonGAAPrevenuesincreased8.61.76.Non-GAAP revenues increased 8.6% year over year to 512.4 million. Moreover, the top line beat the Zacks Consensus Estimate of $507.8 million.Year-over-year top-line growth was primarily driven by a rise in subscription revenues. During the first quarter, software subscription arrangements c ...