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Tyler Technologies Inc (NYSE:TYL ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Hala Elsherbini - Senior Director of IR Lynn Moore - CEO, President & Director Brian Miller - EVP & CFO Conference Call Participants Alexei Gogolev - JPMorgan Joshua Reilly - Needham & Company Ken Wong - Oppenheimer Saket Kalia - Barclays Alex Zukin - Wolfe Research Michael Turrin - Wells Fargo Charles Strauzer - CJS Securities, Inc. Clarke Jeffries - Piper Sandler Rob Oliver - Robert W. Baird Jonathan Ho - William Blair Terry Tillman - Truist Securities Mark Schappel - Loop Capital Markets Gabriela Borges - Goldman Sachs Operator Hello, and welcome to today's Tyler Technologies Fourth Quarter 2024 Conference Call.
TYL's fourth-quarter 2024 revenues reflect the benefits of a rise in subscription revenues, driven by new software contracts.
Tyler Technologies (TYL 0.13%), a leading provider of integrated software solutions for the public sector, reported its fourth-quarter 2024 earnings on February 12, 2025. The company posted revenues of $541.1 million, exceeding the expected $540 million.
The headline numbers for Tyler Technologies (TYL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tyler Technologies (TYL) came out with quarterly earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.41 per share. This compares to earnings of $1.89 per share a year ago.
Tyler Technologies surpassed Wall Street's fourth-quarter revenue expectations, driven by strong demand for its IT services.
TYL's Q4 performance is likely to have gained from robust demand for SaaS solutions as the public sector shifts from on-premise to cloud-based systems.
Beyond analysts' top -and-bottom-line estimates for Tyler Technologies (TYL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies has been recognized as a GovTech 100 company for 2025.
PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies has acquired MyGov LLC, a company offering cloud-based software to manage permitting, inspections, planning, and zoning.