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Tyler Technologies (TYL) delivers essential software solutions that power modern government operations. This news hub provides investors and public sector stakeholders with timely updates on the company's strategic developments.
Access official press releases and curated analysis covering quarterly earnings, product innovations, and public sector partnerships. Our repository helps you track TYL's progress in digitizing court systems, municipal services, and educational administration through integrated technology platforms.
Discover updates on Tyler's ERP enhancements, cloud migration initiatives, and cybersecurity measures designed for government clients. Bookmark this page for streamlined access to financial disclosures and operational milestones that shape the future of civic technology.
Tyler Technologies (NYSE: TYL) has successfully launched its Enterprise Permitting & Licensing (EPL) solution in Goochland County, Virginia, enhancing local government operations. This transition from an outdated system allows for online permit applications through Civic Access, which has already seen a 30% electronic submission rate within the first four days. The EPL platform improves departmental collaboration, increases efficiency, and fosters effective communication with constituents, aiming to streamline government processes and empower local staff. Tyler Technologies continues to innovate in public sector solutions.
Tyler Technologies (NYSE: TYL) has entered a partnership with the City of Fairfax, Virginia, to implement its Enterprise ERP solution, enhancing financial management, purchasing, and payroll processes. Fairfax aims to modernize its current technology with Tyler's robust system that includes advanced procurement tools and a new Time & Attendance solution. This upgrade is expected to provide real-time insights for better decision-making and greater transparency for constituents, benefiting the city’s operational efficiency.
Tyler Technologies (NYSE: TYL) has secured a five-year, $54 million contract with the U.S. Department of State’s Diplomatic Security Service to enhance its Case Management Development Platform. This contract marks the largest award for such a system to date. Since 2017, Tyler has been pivotal in supporting the agency's global security efforts. This partnership aims to modernize capabilities within a high-security infrastructure, ultimately improving processing times and decision-making support for the agency's leadership.
Tyler Technologies, Inc. (NYSE: TYL) will participate in seven investor conferences during November and December 2022. Notable events include the BTIG Technology Innovation Virtual Summit on November 15 and the Credit Suisse 26th Annual Technology Conference on November 29, featuring key executives like Jeff Puckett and Brian Miller. Live webcasts will be accessible on their investor relations site, showcasing Tyler’s commitment to transparency and engagement with investors. Tyler provides integrated software solutions to government entities, enhancing operational efficiency and community interaction.
Tyler Technologies (NYSE: TYL) has signed an agreement with the Arizona Supreme Court to implement its Enterprise Supervision solution, enhancing probation management for 15 Adult Probation Departments. The initiative aims to replace outdated systems, reduce paper reliance, and improve data accessibility for over 2,000 users. This multi-year project will streamline case monitoring and reporting through a web-based SaaS platform, benefiting the state's court system with more efficient processes. Tyler continues to provide integrated software solutions to the public sector.
Tyler Technologies (NYSE: TYL) announced that the Akron Municipal Court has successfully implemented its Enterprise Supervision solution, enhancing communication between probation staff and clients. This marks the first Tyler solution operational in Akron. The software aims to improve efficiency and access to justice, offering features like web-based tracking of probation processes and real-time reporting. Administrative Judge Ron Cable emphasized the system's user-friendliness and significant operational benefits. Tyler’s solutions are now being adopted by multiple Ohio courts.
Tyler Technologies (NYSE: TYL) has completed a major renovation of its Lubbock, Texas office, expanding its workforce capacity from 261 to 350 employees. This expansion reflects Tyler's ongoing investment in the local community and its commitment to enhancing the work environment for its employees. The renovated office features modern amenities, including a training classroom, collaborative workspaces, and upgraded sustainability features. The company, which employs over 7,200 people nationwide, focuses on providing technology solutions to public sector clients.
Tyler Technologies (NYSE: TYL) has announced the acquisition of Rapid Financial Solutions for approximately
Tyler Technologies reported its Q3 2022 financial results, with total revenues of $473.2 million, a 2.9% increase year-over-year. Excluding COVID-related revenues, organic GAAP revenue grew 9%, and recurring revenues totaled $371.7 million, making up 78.5% of total revenue. Operating income rose 8.4% to $60.9 million, while net income reached $53.2 million, a 20.5% increase. Total backlog increased 6.3% to $1.88 billion. The company reduced debt by $190 million and updated its full-year revenue guidance, now expected between $1.837 billion and $1.857 billion.
