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Tyler Technologies: Q3 Earnings Snapshot
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PLANO, Texas (AP) — PLANO, Texas (AP) — Tyler Technologies Inc. (TYL) on Wednesday reported third-quarter net income of $95.1 million.

The Plano, Texas-based company said it had net income of $2.33 per share. Earnings, adjusted for stock option expense and amortization costs, were $3.52 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.45 per share.

The information management software provider posted revenue of $647.6 million in the period, which missed Street forecasts. Eight analysts surveyed by Zacks expected $651.1 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 $2.57 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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