Tyler Tech Q4 rev $433.5M (+53%), non-GAAP EPS $1.75; guides 2022 rev ~$1.85B, EPS $7.41-7.58

TYLER TECHNOLOGIES INC

2021-FY EPS reported $3.82 revenue$1,592,287,000

Q4 total revenues $433.5M (+53% YoY, organic 9.2%); non-GAAP diluted EPS $1.75 (up 27% from $1.39).
Recurring revenues $347.2M (80.1% of total); subscriptions grew 144% total, ~23% organic.
Full year 2021: rev $1.592B (+42.6%), non-GAAP EPS $7.02 (+29%); GAAP EPS $3.82 (down from $4.69).
2022 guidance: rev $1.830-1.870B, non-GAAP EPS $7.41-7.58; includes ~$36M COVID-related revenue.
Repaid $395M of NIC acquisition debt in 2021; acquired US eDirect on Feb 8 for outdoor recreation SaaS.

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