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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, Inc. signs agreement with Champ Titles, Inc. and Kentucky Transportation Cabinet to implement electronic solutions for vehicle titling and liens in Kentucky. The implementation is expected to reduce costs, improve efficiency, eliminate fraud, and provide environmental benefits. Tyler's system is expected to reduce title transfer times to less than three days and increase title processing capacity by at least five times. The digital titling program has already been successful in West Virginia, eliminating millions of pieces of paper annually and reducing processing time from 40-60 days to hours.
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Tyler Technologies signs agreement with Licking County, Ohio for Enterprise Justice software suite
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Tyler Technologies signs agreement with Scarborough Public Safety for public safety solutions, including Enterprise Public Safety, Enforcement Mobile, and Fire Prevention Mobile.
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Tyler Technologies, Inc. (NYSE: TYL) will participate in three investor conferences in September 2023.
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Tyler Technologies, Inc. (NYSE: TYL) has acquired Computing System Innovations, LLC (CSI), a leading AI automation, redaction, and indexing solution provider. This acquisition will enhance Tyler's electronic filing and redaction offerings, bringing automated data entry and document processing options to clients. CSI's AI-driven redaction and indexing solution will be integrated across other Tyler verticals, including Municipal & Schools, Property & Recording, and Platform Solutions.
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Tyler Technologies has signed an agreement with Frisco Independent School District in Texas for its Student Transportation solution. The solution includes routing, GPS tracking, and parent communication features. Tyler's solution will improve routing efficiency and planning for the district. The addition of Telematic GPS will provide real-time vehicle location and driver performance data. Tyler's solution will be powered by Amazon Web Services. Other Texas school districts have also chosen Tyler's Student Transportation solutions.
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Tyler Technologies, Inc. (NYSE: TYL) reported a 10.4% organic revenue growth in the second quarter of 2023, driven by a 20% increase in SaaS revenues. Recurring revenues from maintenance and subscriptions grew 11.2%, with subscription revenues up 16.4%. SaaS revenues organically grew 20%, and annualized recurring revenue reached $1.66 billion. GAAP net income was $49.1 million, up 23% from the previous year.
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Tyler Technologies, Inc. (NYSE: TYL) has signed an agreement with the Missouri State Highway Patrol (MSHP) to provide its Enterprise Public Safety solution suite, including Enterprise CAD, Enterprise Law Enforcement Mobile, and Public Safety Analytics. The suite will be used by 1,300 troopers across the state, enabling rapid access to data, powerful mapping capabilities, and real-time data sharing between dispatchers and first responders. The addition of Tyler’s cutting-edge mobility apps will enhance officer safety. This marks the fifth statewide highway patrol to select Tyler’s Enterprise Public Safety solution.
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Tyler Technologies, Inc. (NYSE: TYL) has signed an agreement with the city of Albuquerque, New Mexico, for its Enterprise Permitting & Licensing solution suite, aiming to enhance automation and improve workflows. The city sought an enterprise system that was highly functional and easy to use, leading to the selection of Tyler as the best-in-class provider. The solutions will bring improvements in land use entitlement, permitting, enforcement case management, inspections, business license application and renewal process, regulatory compliance, and more.
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Tyler Technologies, Inc. (NYSE: TYL) to discuss Q2 2023 results in conference call and webcast on July 27, 2023. Pre-register for the teleconference at conferencingportals.com. President and CEO H. Lynn Moore Jr. and EVP/CFO Brian K. Miller to host.
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FAQ

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

The current stock price of Tyler Technologies (TYL) is $605.42 as of December 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

25.65B
42.57M
0.53%
93.64%
1.61%
Software - Application
Services-prepackaged Software
Link
United States of America
PLANO