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Tyler Technologies: Q2 Earnings Snapshot
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PLANO, Texas (AP) — PLANO, Texas (AP) — Tyler Technologies Inc. (TYL) on Wednesday reported second-quarter profit of $93.5 million.

The Plano, Texas-based company said it had profit of $2.23 per share. Earnings, adjusted for one-time gains and costs, came to $3.08 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.06 per share.

The information management software provider posted revenue of $645.1 million in the period, which did not meet Street forecasts. Eight analysts surveyed by Zacks expected $647 million.

Tyler Technologies expects full-year earnings in the range of $12.95 to $13.20 per share, with revenue in the range of $2.54 billion to $2.58 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TYL at https://www.zacks.com/ap/TYL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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