Tyler Technologies (TYL) Q1 Earnings & Revenues Beat Estimates

Tyler Technologies, Inc. (TYL) reported first-quarter 2024 non-GAAP earnings of $2.20 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.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 ...