Tyler Technologies Q1 EPS $2.20 Beats $2.04 Estimate, Sales $512.36M Beat $507.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tyler Technologies (NYSE:TYL) reported Q1 earnings of $2.20 per share, surpassing the $2.04 estimate, marking a 25% increase from last year. Sales reached $512.36M, exceeding the $507.15M estimate, up 8.58% from the previous year.
April 24, 2024 | 8:20 pm
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Tyler Technologies reported a significant beat on both earnings and sales estimates for Q1, with a 25% increase in earnings per share and an 8.58% increase in sales from the previous year.
The positive earnings and sales beat indicate strong financial health and operational efficiency, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100