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Stock impact report

Tyler Surges 39% YTD: How Should Investors Play 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
Zacks Business - Software Services industry, Zacks Computer and Technology Sector and S&P 500 index's return of 27.2%, 33.3% and 26.3%, respectively. TYL's outperformance can be attributed to its robust financials that the company has built on the back of steady customer wins. Tyler's Strong Business Performance All through 2024, Tyler gained numerous clients from the government, healthcare, legal and education end markets. These contracts have resulted in Tyler's recurring revenues and total revenue growth rate, remaining in high single digits in the first three quarters of 2024. TYL's SaaS revenues grew at a rate of more than 20% in the first three quarters of 2024. In the third quarter of 2024, Tyler reported that the strength in its top line is due to healthy budgets and modernization initiatives in the public sector. The public sector market in which Tyler operates is one of the largest in the United States, spanning approximately 3,000 counties, various public departments Show less Read more
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