Tyler Technologies: Q3 Earnings Snapshot
PLANO, Texas (AP) — PLANO, Texas (AP) — Tyler Technologies Inc. (TYL) on Wednesday reported third-quarter earnings of $47 million.
On a per-share basis, the Plano, Texas-based company said it had net income of $1.10. Earnings, adjusted for one-time gains and costs, were $2.14 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.
The information management software provider posted revenue of $494.7 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $495.5 million.
Tyler Technologies expects full-year earnings in the range of $7.66 to $7.80 per share, with revenue in the range of $1.94 billion to $1.96 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TYL at https://www.zacks.com/ap/TYL
