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Tyler Technologies, Inc. - TYL STOCK NEWS

Welcome to our dedicated page for Tyler Technologies news (Ticker: TYL), a resource for investors and traders seeking the latest updates and insights on Tyler Technologies stock.

Tyler Technologies, Inc. (NYSE: TYL) is a prominent provider of comprehensive information management solutions tailored for local government entities. Established in Plano, Texas, Tyler Technologies is on a mission to enhance the efficiency, accessibility, and responsiveness of public sector organizations, including cities, counties, schools, and courts.

With a client base that spans over 14,000 local government offices across all 50 states, Canada, the Caribbean, the United Kingdom, and other international locations, Tyler Technologies is at the forefront of empowering public administration. The company’s flagship products include:

  • Munis: Tyler’s core Enterprise Resource Planning (ERP) system designed to integrate various administrative operations and enhance financial management.
  • Odyssey: A robust Court Management System (CMS) that streamlines judicial processes and improves case management efficiency.
  • Payments: A versatile platform facilitating seamless financial transactions and payment processing.

Beyond these core offerings, Tyler Technologies provides a diverse array of add-on modules and outsourced services, such as property tax assessment, to meet the unique needs of its clients. The company's dedication to innovation and consistent performance has earned it a spot on Forbes' list of “America’s Best Small Companies” eight times and inclusion in the Barron's 400 Index, recognizing the most promising companies in America, six times.

Tyler Technologies continues to drive advancements in public sector software, forming strategic partnerships and undertaking significant projects to modernize government operations. The company's solutions are designed to foster transparency, improve citizen engagement, and support the evolving demands of governmental bodies. For the latest updates, financial performance, and news about Tyler Technologies, visit their official website at www.tylertech.com.

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Tyler Technologies (NYSE: TYL), a leading provider of integrated software and technology services for the public sector, has announced its financial results for the second quarter ended June 30, 2024. The company will hold a conference call on July 25, 2024, at 10:00 a.m. ET to discuss these results. Investors can access the earnings release via Tyler's investor relations website and participate in the teleconference by pre-registering or dialing in.

Tyler Technologies serves local, state, and federal government entities, with over 44,000 successful installations across 13,000 locations globally. The company, an S&P 500 member, has been recognized for its growth and innovation, including appearances on the GovTech 100 list.

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Tyler Technologies (NYSE: TYL) has been recognized on TIME's inaugural list of America's Best Midsize Companies 2024. This marks Tyler's first appearance on this prestigious list. The selection process, conducted in collaboration with analytics firm Statista, evaluated companies based on employee satisfaction, revenue growth, and sustainability transparency.

Tyler was among 500 midsize companies chosen from various industries, with annual revenues between $100 million and $10 billion in 2022 and 2023. Lynn Moore, president and CEO of Tyler, expressed pride in this recognition, highlighting the company's commitment to creating a desirable workplace and contributing to stronger, smarter, and safer communities.

As a leading provider of integrated software and technology services for the public sector, Tyler Technologies serves local, state, and federal government entities across the United States and internationally. The company has over 44,000 successful installations across 13,000 locations and has been recognized multiple times for growth and innovation.

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Tyler Technologies (NYSE: TYL) will release its Q2 2024 financial results on July 24, 2024, and hold a conference call and webcast on July 25, 2024, at 10:00 a.m. ET. The call will be hosted by President and CEO H. Lynn Moore Jr. and EVP and CFO Brian K. Miller. Participants can pre-register online or join by dialing 833-470-1428 with access code 328788. Tyler Technologies, a leading provider of integrated software and technology services for the public sector, has over 44,000 installations across 13,000 locations globally. More details can be found on Tyler’s investor relations website.

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Tyler Technologies has expanded its agreement with the Arizona Supreme Court to implement the Enterprise Supervision solution for juvenile probation across all 15 counties in Arizona. This expansion builds on the previous implementation of the solution for adult probation. The platform, which operates on AWS's secure cloud, aims to improve the probation process through better case management, automated client check-ins, and comprehensive reporting. The initiative will benefit an estimated 3,600 users statewide, enhancing their experience and streamlining the court's architecture.

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Tyler Technologies (NYSE: TYL) has opened a new office in Orono, Maine, accommodating approximately 75 team members. The state-of-the-art, energy-efficient building includes contemporary open work areas, focus rooms, huddle spaces, a training room, a fitness center, a locker room, and a game room. The new office is part of Tyler's expansion strategy and collaboration with the University of Maine, strengthening their long-standing relationship.

Tyler has been a key partner with the Foster Center for Innovation at UMaine, particularly with the Maine App Challenge, donating $100,000 in scholarship money since the program's inception. Tyler, which employs over 1,250 people in Maine, has been recognized as one of the best places to work in the state for 16 consecutive years. The company provides integrated software and technology services for the public sector, with over 44,000 successful installations across 13,000 locations globally.

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Tyler Technologies (NYSE: TYL) has inaugurated a new manufacturing facility in Kingston Springs, Tennessee, to support its Enterprise Corrections software suite.

The new facility, spanning 21,000 sq. ft., will significantly expedite the production of proprietary hardware such as correctional-grade kiosks, tablets, and mobile devices, reducing the manufacturing cycle from six weeks to just three days.

This expansion is expected to double the company's current production capacity and facilitate the servicing of over 19,000 already-deployed devices across more than 500 correctional facilities in 32 states and the Caribbean.

The environmentally friendly facility uses recycled materials and recycles old kiosks, contributing to a reduced environmental footprint. Tyler's solutions aim to enhance financial and communications management in correctional facilities, benefiting both staff and incarcerated individuals.

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Tyler Technologies (NYSE: TYL), in collaboration with Champ Titles and the New Jersey Motor Vehicle Commission, has introduced an electronic lien and title service for vehicle titling in New Jersey. The initiative is driven by new legislation and aims to enhance efficiency, reduce costs, minimize fraud risks, and decrease environmental impact by eliminating paper processes. New Jersey is the third state to adopt this solution, following West Virginia and Kentucky. The new system, which formally piloted in January, enables real-time communication between lienholders and the Motor Vehicle Commission, streamlining the titling and registration process.

The service is expected to significantly reduce processing times and save over 20 million pieces of paper annually in New Jersey. Future phases will include eTitling for vehicle retailers. Tyler Technologies has more than 44,000 successful installations and clients across various regions, recognized for its growth and innovation in the public sector.

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Tyler Technologies (NYSE: TYL) has announced the successful implementation of its Civil Process solution at the Philadelphia Sheriff's Office. This move enhances efficiency in civil processes, warrant service, and inter-departmental communication. The solution integrates real estate data and financial management, featuring over 300 customizable reports and secure multi-factor authentication. It is hosted on AWS, providing flexibility and security. Sheriff Rochelle Bilal and Undersheriff Tariq El-Shabazz highlighted the partnership's role in modernizing infrastructure and improving public service delivery. The suite includes applications like Civil Serve and Civil Mobile, which enhance data tracking, real-time updates, and officer safety.

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Tyler Technologies (NYSE: TYL) has expanded its Tyler Insurance Filings solution to include cloud fax capabilities for Montana, Nevada, Rhode Island, and West Virginia. This brings the total to 27 states using the service. The new feature offers greater efficiency, accessibility, and compliance ease for insurance companies by allowing them to submit forms online without traditional fax machines. The service is available at no extra cost, integrated into existing workflows, and provides centralized reporting features for tracking and historical data access.

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Tyler Technologies (NYSE: TYL) will attend two investor conferences in June 2024. Brian Miller, the company's EVP and CFO, will represent Tyler Technologies at both events. The first conference is the Baird Global Consumer, Technology & Services Conference on June 5 at 8:30 a.m. ET in New York. The second is the William Blair Annual Growth Stock Conference on June 6 at 8:40 a.m. CT in Chicago. Both events will feature live webcasts available on Tyler's investor relations website. Tyler Technologies provides integrated software and technology services to the public sector, with over 44,000 installations in 13,000 locations worldwide. The company is recognized for growth and innovation, including being part of the GovTech 100 list.

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FAQ

What is the current stock price of Tyler Technologies (TYL)?

The current stock price of Tyler Technologies (TYL) is $601.14 as of November 20, 2024.

What is the market cap of Tyler Technologies (TYL)?

The market cap of Tyler Technologies (TYL) is approximately 25.7B.

What does Tyler Technologies, Inc. do?

Tyler Technologies provides information management solutions and services for local governments, including software for cities, counties, schools, and courts.

Where is Tyler Technologies headquartered?

Tyler Technologies is headquartered in Plano, Texas.

What are the core products of Tyler Technologies?

The core products of Tyler Technologies include Munis (an ERP system), Odyssey (a court management system), and a payments platform.

How many clients does Tyler Technologies have?

Tyler Technologies serves over 14,000 local government offices across various regions including the United States, Canada, the Caribbean, and the United Kingdom.

Has Tyler Technologies received any notable recognition?

Yes, Tyler Technologies has been named one of 'America’s Best Small Companies' by Forbes eight times and has been included in the Barron’s 400 Index six times.

What additional services does Tyler Technologies offer?

In addition to its core software solutions, Tyler Technologies offers add-on modules and outsourced property tax assessment services.

Is Tyler Technologies an equal opportunity employer?

Yes, Tyler Technologies is an equal opportunity employer, providing consideration to all qualified applicants without regard to race, creed, gender/sex, marital status, or sexual orientation.

How does Tyler Technologies impact local governments?

Tyler Technologies enhances the efficiency, accessibility, and responsiveness of local governments through its software solutions, improving operations and citizen engagement.

Where can I find more information about Tyler Technologies?

More information about Tyler Technologies can be found on their official website at www.tylertech.com.

Tyler Technologies, Inc.

NYSE:TYL

TYL Rankings

TYL Stock Data

25.66B
42.57M
0.53%
93.65%
1.3%
Software - Application
Services-prepackaged Software
Link
United States of America
PLANO