secwatch.observer — SEC 8-K summary
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Issuer:     TYLER TECHNOLOGIES INC (TYL)
CIK:        0000860731
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0000860731-24-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Tyler Technologies Q3: Revenue $543M (+9.8%), GAAP EPS $1.74, Non-GAAP EPS $2.52, SaaS rev +20.3%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860731/000086073124000050/0000860731-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860731/000086073124000050/tyl-20241023.htm
  HTML page:      https://secwatch.observer/filing/0000860731-24-000050

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