secwatch.observer — SEC 8-K summary
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Issuer:     TYLER TECHNOLOGIES INC (TYL)
CIK:        0000860731
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0000860731-22-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860731/000086073122000008/0000860731-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860731/000086073122000008/tyl-20220216.htm
  HTML page:      https://secwatch.observer/filing/0000860731-22-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer