Tyler Technologies Q2 revenue up 49% to $404.1M; non-GAAP EPS $1.83 vs $1.38

TYLER TECHNOLOGIES INC

2021-Q2 EPS reported $1.48 revenue$698,877,000

Total revenues $404.1M (+49.1% YoY), organic growth 12.4%; recurring revenues 79.0% of revenue.
GAAP diluted EPS $0.61 (down 52.6%); non-GAAP diluted EPS $1.83 (up 35.3%).
Completed NIC acquisition for ~$2.3B cash on April 21, 2021; NIC contributed full quarter.
FY2021 guidance: non-GAAP revenue $1.535-1.560B; non-GAAP EPS $6.70-6.80.
Appointed Glenn A. Carter as Lead Independent Director effective May 11, 2021.

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