How are energy investors positioned?
PLANO, Texas - Tyler Technologies, Inc. (NYSE:TYL) reported mixed fourth quarter results and provided a weaker-than-expected revenue outlook for fiscal year 2025, sending shares down 3.3% in after-hours trading Wednesday.
The public sector software provider posted adjusted earnings per share of $2.43 for the fourth quarter, missing analyst estimates by $0.01. Revenue came in slightly above expectations at $541.1 million, compared to the consensus estimate of $540.74 million and up from $493.9 million in the same quarter last year, representing 9.6% YoY growth.
For fiscal year 2025, Tyler Technologies forecasts earnings per share between $10.90 and $11.15, above the analyst consensus of $10.79. However, the company’s revenue guidance of $2.3 billion to $2.34 billion fell short of Wall Street’s expectations of $2.36 billion.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.