Tyler Technologies Q2 Adj $2.40 Beats $2.31 Estimate, Sales $540.98M Beat $540.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tyler Technologies (NYSE:TYL) reported Q2 earnings of $2.40 per share, beating the analyst estimate of $2.31. Sales were $540.98M, slightly above the $540.88M estimate. This represents a 19.4% increase in earnings and a 7.28% increase in sales compared to the same period last year.
July 24, 2024 | 8:26 pm
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Tyler Technologies reported strong Q2 earnings of $2.40 per share, beating estimates by 3.9%. Sales also slightly exceeded expectations. Both earnings and sales showed significant year-over-year growth.
The company's earnings and sales both exceeded analyst expectations, with significant year-over-year growth. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100