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0 -1.60681288663789E-05 0.00115690527838038 -0.000385635092793459 0.000867678958785191 -0.00623443400016067 -0.0117297340724672 -0.0225275166706837
Stock impact report

Tyler Q3 Earnings Beat: Will Upbeat Guidance Lift the Stock? [Yahoo! Finance]

Tyler Technologies, Inc. (TYL) 
Last tyler technologies, inc. earnings: 4/29 04:17 pm Check Earnings Report
US:NYSE Investor Relations: investors.tylertech.com
Company Research Source: Yahoo! Finance
The bottom line was higher than the year-ago quarter's earnings of $2.14. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Non-GAAP revenues increased 9.8% year over year to $543.3 million. However, the top line missed the Zacks Consensus Estimate of $546.4 million. The year-over-year improvement in the top line was primarily due to a rise in subscription revenues. During the second quarter, software subscription arrangements comprised approximately 97% of the total new software contract value as the company continued to transform into a software-as-a-service model from its on-premise license-based model. Buoyed by strong bottom-line performance, Tyler raised its earnings guidance range for the full year. The better-than-expected earnings performance, along with upbeat guidance, can give a fresh boost to Tyler's share price. Year to date, TYL shares have soared 39.2%, outperforming the Zacks Business – Software Services industry's return of 17.2%. Tyle Show less Read more
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