secwatch.observer — SEC 8-K summary
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Issuer:     TYLER TECHNOLOGIES INC (TYL)
CIK:        0000860731
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000860731-23-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Tyler Tech Q3 SaaS revs up 26% organic; cash from ops +37%; guides FY23 non-GAAP EPS $7.66-$7.80
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- Total revenue $494.7M (+4.5% YoY); recurring revenue $412.7M (83.4% of total, +11% YoY).
- SaaS organic growth 26% to $138.5M; ARR $1.65B (+11% YoY).
- GAAP EPS $1.10 (down 11.7% YoY); non-GAAP EPS $2.14 (up 4.9%).
- Cash from operations $177.5M (+37.2% YoY); free cash flow $162.7M (+40.7%).
- Acquired CSI for ~$36M cash; net leverage reduced to 1.24x proforma EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860731/000086073123000035/0000860731-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860731/000086073123000035/tyl-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000860731-23-000035

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