secwatch.observer — SEC 8-K summary
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Issuer:     TYLER TECHNOLOGIES INC (TYL)
CIK:        0000860731
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000860731-23-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Tyler Tech Q2 revenue $504M (+7.6% YoY); SaaS organic growth 20%, non-GAAP EPS $2.01
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- Total revenues $504.3M (up 7.6% YoY); organic growth 10.4%; GAAP EPS $1.15 (up 23%).
- Recurring revenues $414.3M (82.2% of mix); SaaS organic growth 20% to $131.5M.
- Non-GAAP diluted EPS $2.01 (up 8.1%); adjusted EBITDA $125.5M (up 5.4%).
- Cash flow from ops -$19.2M due to $90M tax payments under Section 174 capitalization rules.
- FY 2023 guidance: rev $1.940-1.965B, non-GAAP EPS $7.60-7.75; expects margin expansion in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860731/000086073123000026/0000860731-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860731/000086073123000026/tyl-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000860731-23-000026

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