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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) will engage in two major investor conferences in December 2020. Brian Miller, the Executive Vice President and CFO, is set to participate in a fireside chat at the Wells Fargo Virtual TMT Summit on December 2, 2020, at 12:40 p.m. ET. Additionally, he will host one-on-one meetings throughout the day. Miller will also take part in a fireside chat at the UBS Global TMT Virtual Conference on December 9, 2020, at 12:05 p.m. ET, alongside further one-on-one meetings. Live webcasts of these discussions will be available at Tyler's investor relations website.
Tyler Technologies (NYSE: TYL) has received the AWS Healthcare Competency designation for its Entellitrak case management platform. This recognition highlights Tyler’s expertise in delivering solutions for healthcare providers and payers, ensuring secure management of clinical data. This achievement sets Tyler apart as an AWS Partner Network member proficient in healthcare solutions. CEO Lynn Moore emphasized the company’s commitment to aiding public sector clients in meeting their healthcare objectives through the flexible capabilities of their platform.
Tyler Technologies (NYSE: TYL) announces the launch of New Jersey's COVID-19 Oversight website, leveraging its Socrata data platform. The site consolidates federal recovery funding information for transparency, tracking how the government allocates and spends COVID-19 recovery funds. It aims to ensure accountability, reduce fraud, and provide valuable resources to residents and businesses. Franklin Williams, president of Tyler's Data & Insights Division, emphasized the state's role in enhancing financial transparency. Tyler's Socrata has been operational since 2009, facilitating better data sharing across government systems.
Tyler Technologies (NYSE: TYL) has signed an agreement with Nevada's Department of Public Safety to implement Tyler Supervision™ for the Nevada Parole and Probation Department. This modern solution will replace the outdated Offender Information Tracking System (OTIS), enhancing efficiency and automation in case management. The new system will facilitate better communication, tracking, and management of parole and probation cases. Key benefits include voice biometric check-ins, streamlined payment tracking, and improved data security standards.
Tyler Technologies, Inc. (NYSE: TYL) has made its debut on the Albany Business Review's "Best Places to Work" list for 2020, being recognized among 48 firms from various sectors. This recognition is attributed to a comprehensive employee assessment managed by Quantum Workplace, where Tyler's nearly 150 Latham employees highlighted the firm’s strong company culture and dedication to public sector clients. The awards have been given for 17 years, and Tyler's inclusion emphasizes local pride and team contributions, marking a significant milestone for the company.
Tyler Technologies, Inc. (NYSE: TYL) recently launched Alaska's new open data portal, utilizing its Socrata platform. This portal aims to enhance public access to government data, consolidating various datasets, including federal loan information and drug utilization statistics. Alaska's Chief Data Officer emphasized the importance of protecting residents' privacy while making public data more accessible. Since 2009, Tyler's Socrata has facilitated data sharing among government entities, demonstrating the company's commitment to transparency and efficient public service delivery.
Tyler Technologies (NYSE: TYL) reported Q3 2020 revenues of $285.7 million, a 3.8% increase year-over-year, with organic growth at 3.3%. Non-GAAP revenues rose to $285.9 million, up 3.2%. Recurring revenues from subscriptions grew 12% to $207.3 million. Operating income increased 24% to $49.7 million. However, net income fell 2.7% to $39.3 million, or $0.94 per diluted share. The company revised its 2020 guidance upwards, expecting revenues between $1.117 and $1.129 billion, and EPS between $4.53 and $4.63, amid challenges from COVID-19 and an IT security incident that impacted revenue.
Tyler Technologies, Inc. (NYSE: TYL) will engage in three virtual investor conferences in November 2020. Michael Smith, Chief Accounting Officer, will present at the Benchmark Technology Virtual One-on-One Investor Conference on November 12 and at the Northcoast Research 2020 Fall Conference on November 16. Additionally, Brian Miller, Executive Vice President and CFO, will participate in a fireside chat at the RBC Capital Markets 2020 Global Technology Conference on November 17 at 10:00 a.m. ET and will conduct one-on-one meetings throughout the day. A live webcast will be available.
Tyler Technologies (NYSE: TYL) has been recognized for the 13th time as one of the "Best Places to Work in Maine," ranking in the "Large Employer Category" for companies with over 250 employees. This accolade highlights Tyler's commitment to a strong company culture and employee satisfaction. With over 850 employees in Maine, the award follows a rigorous assessment by Best Companies Group, which evaluated various metrics including employee benefits and workplace policies. Tyler provides integrated software solutions for public sector clients across the U.S. and internationally.
