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Collaboration brings together tools and services for priority-based budgeting, strategic planning and performance management, in line with Rethinking Budgeting guidelines VANCOUVER, BC , Sept. 10, 2024 /PRNewswire/ -- Envisio , a strategy and performance management software company, and Tyler Technologies, Inc.
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Tyler Technologies (TYL) reported earnings 30 days ago. What's next for the stock?
TYL remains a buy rating due to strong execution and subscription revenue growth, driving margin expansion. 2Q24 results show solid performance with revenue beating estimates, SaaS growth at 23%, and EBIT margin expansion. Cloud transition is on track with strong SaaS revenue growth, customer conversions, and positive margin inflection, supporting a higher valuation.
Tyler Technologies' (TYL) second-quarter 2024 results reflect robust year-over-year growth in subscription revenues.
While the top- and bottom-line numbers for Tyler Technologies (TYL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Tyler Technologies (TYL) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.01 per share a year ago.
Tyler's (TYL) Q2 performance is expected to have benefited from the robust demand for its SaaS solutions as the public sector continues to transition from on-premise to cloud-based systems.
PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies schedules its second quarter 2024 earnings conference call and webcast for July 25, 2024.
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