Tyler Technologies Q2 Adj EPS $2.01 Beats $1.89 Estimate, Sales $504.28M Beat $491.29M Estimate
Portfolio Pulse from sunil@benzinga.com
Tyler Technologies (NYSE:TYL) reported Q2 earnings of $2.01 per share, beating the analyst consensus estimate of $1.89 by 6.35%. This is a 6.91% increase from the same period last year. The company also reported quarterly sales of $504.28 million, beating the analyst consensus estimate of $491.29 million by 2.64%. This is a 7.59% increase from the same period last year.
July 26, 2023 | 9:27 pm
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POSITIVE IMPACT
Tyler Technologies reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Tyler Technologies reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100