secwatch.observer — SEC 8-K summary
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Issuer:     TYLER TECHNOLOGIES INC (TYL)
CIK:        0000860731
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0000860731-22-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Tyler Tech Q1 rev $456M (+55% total, +13% organic); non-GAAP EPS $1.90; guides FY rev ~$1.85B
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- Total rev $456.1M (+54.7% YoY, organic +12.8%); GAAP EPS $0.94, non-GAAP EPS $1.90.
- Recurring rev $362.5M (79.5% of total, +63.6% YoY); subscription rev organic +33.8%.
- Bookings $419M (+70.1% YoY); subscription contracts 80% of new software value.
- FY2022 guidance: rev $1.835-1.870B, GAAP EPS $3.92-4.08, non-GAAP EPS $7.48-7.64.
- Completed acquisition of US eDirect for ~$117M cash in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860731/000086073122000016/0000860731-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860731/000086073122000016/tyl-20220427.htm
  HTML page:      https://secwatch.observer/filing/0000860731-22-000016

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