tyler technologies inc (TYL:New York)
tyler technologies inc (TYL) Snapshot
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Open
$68.50
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Previous Close
$68.03
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Day High
$68.63
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Day Low
$67.81
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52 Week High
05/17/13 - $68.63
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52 Week Low
05/21/12 - $36.00
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Market Cap
2.2B
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Average Volume 10 Days
179.3K
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EPS TTM
$1.08
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Shares Outstanding
31.5M
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EX-Date
01/16/98
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P/E TM
63.5x
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Dividend
--
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Dividend Yield
--
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Related News
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Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. It operates through Enterprise Software Solutions, and Appraisal and Tax Software Solutions and Services segments. The company’s financial management solutions include modular fund accounting systems for government agencies and not-for-profit entities; and utility billing systems to support the billing and collection of metered and non-metered services. It also offers products to automate various city functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; financial management, student information, and transportation solutions to K-12 schools; and software applications to manage public sector pension funds. In addition, the company provides integrated suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle complex, multi-jurisdictional county, statewide implementations, and single county systems; systems and software to automate the appraisal and assessment of real and personal properties; tax applications for agencies that bill and collect taxes; and software applications that enable county governments to enhance and automate courthouse operations. Further, it offers subscription-based services, such as software as a service arrangements and electronic document filing solutions for courts and law offices; professional IT services, including software and hardware installation, data conversion, training, and product modifications; and outsourced property appraisal services for taxing jurisdictions, as well as customer support services. The company was founded in 1966 and is headquartered in Dallas, Texas.
tyler technologies inc (TYL) Top Compensated Officers
tyler technologies inc (TYL) Key Developments
Tyler Technologies, Inc. has signed a 5-year software as a service contract with Kings County Superior Court for its Odyssey(R) Online(TM) court case management solution. The Superior Court needed to replace its existing legacy software with a unified case management system to improve the efficiency and effectiveness of services the court provides to its justice partners and to the public. After a competitive procurement process, Kings County Superior Court selected Tyler's Odyssey SaaS solution, including case management, financial management, public access, and SessionWorks(R) Judge and Clerk editions to aid in courtroom efficiency. The court will also use Odyssey File & Serve for simplified e-filing (electronic filing). This suite of software will help the Kings Superior Court eliminate paper, streamline procedures, and move it significantly closer toward an end-to-end electronic process. The implementation of Odyssey in Kings is being funded by the Administrative Office of the Courts through a special allocation made by the California Judicial Council. The funding provided is for the exclusive use of implementing the Odyssey environment.
Tyler Technologies, Inc. Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-07-2013 10:30 AM. Venue: The Westin New York, Times Square Hotel, New York, New York, United States. Speakers: Brian K. Miller, Chief Financial Officer, Executive Vice President and Treasurer.
Tyler Technologies, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, total revenue was $95.799 million against $82.723 million a year ago. Operating income was $14.470 million against $10.044 million a year ago. Income before income taxes was $14.132 million against $9.341 million a year ago. Net income was $8.493 million or $0.25 per diluted share against $5.681 million or $0.17 per diluted share a year ago. Non-GAAP operating income was $18.725 million against $13.235 million a year ago. Non-GAAP net income was $11.469 million or $0.34 per diluted share against $7.940 million or $0.24 per diluted share a year ago. EBITDA was $17.664 million against $12.945 million a year ago. Adjusted EBITDA was $20.239 million against $14.780 million a year ago. Net cash provided by operating activities was $17.084 million against $18.084 million a year ago. Additions to property and equipment were $5.089 million against $1.048 million a year ago. Free cash flow was $12.0 million compared to $17 million. Excluding real estate CapEx, free cash flow was 14.9 million versus 17.1 million. For the full year of 2013, the company expects total revenues for 2013 to be in the range of $409 million to $418 million. Tyler expects 2013 diluted earnings per share to be approximately $1.06 to $1.14. Tyler expects 2013 non-GAAP diluted earnings per share to be approximately $1.42 to $1.50. Tyler expects that its effective tax rate for 2013 will be approximately 40%. Tyler expects that capital expenditures for the year will be between $24.0 million and $25.0 million, including approximately $15.5 million related to real estate, and that total depreciation and amortization expense is expected to be between $14.2 million and $14.7 million, including approximately $6.5 million of amortization of acquisition intangibles.
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Industry Analysis
TYL
Industry Average
| Valuation | TYL | Industry Range |
| Price/Earnings | 63.2x |
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| Price/Sales | 5.7x |
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| Price/Book | 13.4x |
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| Price/Cash Flow | 53.2x |
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| TEV/Sales | 5.7x |
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Post a JobJobs
- Plano, TX | Tyler TechnologiesPosted: May 11
- Plano, TX | Tyler TechnologiesPosted: May 10
- New York, NY | Tyler TechnologiesPosted: Apr 26
- Tempe, AZ | Tyler TechnologiesPosted: May 16
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