Tyler Technologies, Inc. Provides Earnings Guidance for the Full Year 2021
October 27, 2021 at 04:31 pm EDT
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Tyler Technologies, Inc. announced earnings guidance for the full year 2021. For the year, GAAP total revenues are expected to be in the range of $1.577 billion to $1.597 billion. GAAP diluted earnings per share are expected to be in the range of $3.55 to $3.63 and may vary significantly due to the impact of stock incentive awards on the GAAP effective tax rate.
Tyler Technologies, Inc. is specialized in the development of information management software for the public sector. The group provides software solutions in the areas of financial management, education, jurisdiction, government, planning, regulation, land management, document, data and information management, assessment and taxation, public safety management and cyber security. Net sales break down by source of revenue as follows:
- sales of maintenance services (39.6%);
- sales of subscriptions (27.3%);
- sales of software-related professional services (19.6%);
- sales of licenses and royalties (9.2%);
- sales of valuation and tax software solutions (2.2%);
- other (2.1%): notably sales of computer hardware.