Tyler Technologies Full Year 2024 Earnings: EPS Misses Expectations

Tyler Technologies (NYSE:TYL) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.14b (up 9.5% from FY 2023).
• Net income: US$263.0m (up 59% from FY 2023).
• Profit margin: 12% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$6.17 (up from US$3.95 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tyler Technologies EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%.

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 2.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Tyler Technologies' balance sheet and an in-depth analysis of the company's financial position.

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