EarningsTyler reported strong Q4 results with Subscription revenue $4mm above our estimates.
Financial FlexibilityThe company maintains capital deployment flexibility with significant cash reserves and low net leverage, supporting growth and margin targets through strategic investments and share buybacks.
Financial PerformanceGuidance for FY25 reflects a better than expected trajectory for margins.
Growth StrategyThe NIC acquisition has opened more opportunities for Tyler Technologies than initially expected, boosting confidence in cross-sell execution and transaction-based revenue growth.