earnings
confidence high
sentiment positive
materiality 0.80
Tyler Technologies Q3: Revenue $543M (+9.8%), GAAP EPS $1.74, Non-GAAP EPS $2.52, SaaS rev +20.3%
TYLER TECHNOLOGIES INC
2024-Q3 EPS reported
$4.56
revenue$1,596,672,000
- Total revenue $543.3M (+9.8%), recurring revenue $462.8M (85.2% of total), up 12.1%.
- GAAP net income $75.9M ($1.74 diluted EPS), up 61.4%; non-GAAP net income $110.0M ($2.52 diluted EPS), up 20%.
- SaaS revenue $166.6M (+20.3%), transaction rev $180.6M (+15.2% organic); SaaS 97% of new software contract value.
- Adjusted EBITDA $152.4M (+15%); free cash flow $252.9M (+55.5%).
- FY2024 guidance: revenue $2.125-2.145B, GAAP EPS $6.13-6.28, non-GAAP EPS $9.47-9.62, FCF margin 21-23%.