New Jersey Extends Agreement With Tyler Technologies For Digital Government Solutions; The Three-Year Contract May Be extended For Two Additional Years
Portfolio Pulse from Benzinga Newsdesk
New Jersey has extended its agreement with Tyler Technologies for digital government solutions with a three-year contract, which may be extended for two additional years. This builds on a 15-year relationship between the state and the company.
September 12, 2024 | 1:21 pm
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Tyler Technologies has secured a three-year contract extension with New Jersey for digital government solutions, with the possibility of a two-year extension. This strengthens their 15-year relationship.
The extension of the contract with New Jersey is a positive development for Tyler Technologies, reinforcing their long-standing relationship and providing potential revenue stability for up to five years. This is likely to have a positive short-term impact on TYL's stock price.
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