GTY Technology Holdings Inc. operates as a software-as-a-service (SaaS) company that offers a cloud-based suite of solutions for the public sector in North America. The company develops software technologies for the procurement and vendor or supplier sourcing industry in government, public sector, and various highly-regulated commercial vertical markets; and content, digital services, and integrated payments via a SaaS platform for government agencies and utility companies. It also develops cloud-based grants management and cost allocation software for state, local, and tribal governments; builds software to streamline municipal permissions and licenses; offers budgeting software, performance management, and transparency and data visualization solutions; and provides public sector budgeting software and consulting services. GTY Technology Holdings Inc. was founded in 2016 and is headquartered in Las Vegas, Nevada.
IPO Year: 2016
Exchange: NASDAQ
Website: gtytechnology.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/18/2022 | $10.00 → $8.00 | Buy | Needham |
8/12/2021 | $10.00 | Buy | DA Davidson |
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution for the public sector, announced today the appointment of Katerina Goros as the new Senior Vice President of Human Resources. Goros will lead all HR operations for GTY, creating policy and providing expert strategic advice on all people-related matters. As Senior Vice President, Katerina will be responsible for talent acquisition, developing and implementing employee relations policies, and establishing creative and impactful HR strategies. A key function of the role will be to align HR practices across all six GTY business units across two countries to effectively balance individual organizational c
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution for the public sector, announced today the appointment of James Ha as Chief Growth Officer of GTY effective January 1, 2022. Mr. Ha previously served as CEO of eCivis, a business unit of GTY focused on grants management solutions for state, local and tribal government agencies looking to maximize grant revenues, track financial and program performance, and prepare cost allocation plans and budgets, and will transition from that role by the end of this year. As Chief Growth Officer, James will be focused on accelerating both organic and inorganic growth across all GTY business units in three key areas
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Needham reiterated coverage of GTY Technology Holdings with a rating of Buy and set a new price target of $8.00 from $10.00 previously
DA Davidson initiated coverage of GTY Technology with a rating of Buy and set a new price target of $10.00
Global Hydrogen is a Pure Play Hydrogen and Carbon Recovery Project Developer and Industrial Gas Supplier WEST PALM BEACH, Fla. & NEW YORK, May 19, 2023 (GLOBE NEWSWIRE) -- Global Hydrogen Energy LLC ("Global Hydrogen"), which seeks to be a leader in the sustainable energy transition as a next-generation industrial gas supplier, today announced that Carter Glatt, CEO and Director of Dune Acquisition Corporation (NASDAQ:DUNEU, DUNE, DUNEW))) ("Dune"), will serve as Chairman Nominee of its post-closing Board. On May 15, 2023, Dune, a special purpose acquisition company, and Global Hydrogen announced that they have entered into a definitive agreement for a business combination, which w
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY" or the "Company"), a leading provider of cloud software solutions for the public sector and GI Partners, a leading private investment firm, today announced the completion of GTY's acquisition by an affiliate of GI Partners (together with certain affiliated entities, "GI") for $6.30 per share of GTY common stock in cash. The transaction was announced on April 29, 2022 and received approval from shareholders on June 30, 2022. As a result of the transaction, GTY is now a privately-held company and GTY common stock will no longer be listed on any public market. Through August 6, 2022, each public warrant that was unexercised and outstanding imme
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY" or the "Company"), a leading provider of cloud software solutions for the public sector, today announced that its shareholders have voted to approve the previously announced Agreement and Plan of Merger (the "Merger Agreement"), whereby GTY will be acquired by an affiliate of GI Partners (together with certain affiliated entities, "GI") for $6.30 per share of GTY common stock in cash. The approval of GTY shareholders was a closing condition of the Merger Agreement that has now been satisfied. Approximately 75.5% of GTY's outstanding common stock voted in favor of the Merger Agreement. In addition, the applicable waiting period under the Hart
12th largest city in the US to leverage entire suite of Questica solutions to support continued growth Questica Inc., the leading public sector budgeting solutions provider, today announced that it has been selected to provide new budgeting software to the City of Fort Worth, TX. Questica is a subsidiary of GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading provider of cloud solutions for the public sector. As one of the largest, fastest growing cities in the US, operating a $1.7 billion budget, the City of Fort Worth needed an effective, accessible, and transparent process for managing its budget. Municipal leaders were looking for an efficient way to make budget changes, acc
Leader in public sector eProcurement has helped hundreds of public agencies source strategically and digitize at scale in the past decade Bonfire Interactive Ltd. ("Bonfire"), a business unit of GTY Technology Holdings Inc. and a leader in strategic sourcing and procurement software, today celebrated the tenth anniversary of its eProcurement platform. Over the last decade, the solution has empowered nearly 700 public sector clients to drive better collaboration, security, and compliance in their procurement processes. Bonfire is a business unit of GTY Technology Holdings Inc. (NASDAQ:GTYH), a leading provider of SaaS/Cloud solutions for the public sector. Since the company's launch in 201
Jasper becomes fourth local government in Texas to select Questica in 2022 Questica Inc., the leading provider of public sector budgeting solutions, today announced that Jasper County, TX is implementing Questica solutions to support its immediate and future budgeting processes. Questica is a subsidiary of GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading provider of cloud solutions for the public sector. With a budget of $25M, Jasper County sought to modernize its financial processes by introducing new technology that would streamline workflow operations. Leadership in the county wanted a solution that would not only increase the accuracy and security around personnel and bud
Three self-service payment kiosks will enable customers to pay taxes and fees in person 24/7 CityBase, a leading provider of government and utility payment technology, today announced a new engagement with the Township of Lakewood, NJ. Lakewood will introduce new kiosk bill payment machines to support in-person payments for various municipal bills. CityBase is a business unit of GTY Technology Holdings Inc. (NASDAQ:GTYH), a leading provider of SaaS/Cloud solutions for the public sector. Lakewood Township will introduce the three self-service payment kiosks at their Municipal Building (231 Third Street Lakewood, NJ 08701), including two that offer 24/7 service. Residents will have the opti
Annual recurring revenue of $54.8 million, up 24% year-over-year Total first quarter revenue of $15.9 million, up 20% year-over-year GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the first quarter ended March 31, 2022. "Our first quarter results mark a strong start to the year after record revenues in fiscal year 2021," stated TJ Parass, CEO of GTY. "These results are a testament to our focused execution and the strong demand for our products as more and more public sector organizations are pushing to modernize and transform their operations. We are also pleased to have anno
Upon closing, GTY Technology Holdings Inc. will operate as a privately held company with a continued focus on providing cloud software solutions for the public sector GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY" or the "Company"), a leading provider of cloud software solutions for the public sector, today announced it has entered into a definitive agreement to be acquired by GI Partners ("GI"), a leading private investment firm. Upon completion of the transaction, GTY will become a privately held company. Under the terms of the agreement, GTY shareholders will receive upon consummation of the transaction $6.30 in cash for each share of GTY common stock that they hold. The purchase pr
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, will hold its first quarter 2022 earnings call at 4:30 pm ET on Monday, May 9th, 2022. The live conference call can be accessed by registering here. After registering, instructions will be shared on how to join the call. The call will also be available via live webcast here. The archived webcast will be available shortly after the call on the Company website, www.gtytechnology.com. About GTY Technology Holdings Inc. GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY") brings leading public sector technology companies together to achieve a new standard in stakeholder e
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Global Hydrogen is a Pure Play Hydrogen and Carbon Recovery Project Developer and Industrial Gas Supplier WEST PALM BEACH, Fla. & NEW YORK, May 19, 2023 (GLOBE NEWSWIRE) -- Global Hydrogen Energy LLC ("Global Hydrogen"), which seeks to be a leader in the sustainable energy transition as a next-generation industrial gas supplier, today announced that Carter Glatt, CEO and Director of Dune Acquisition Corporation (NASDAQ:DUNEU, DUNE, DUNEW))) ("Dune"), will serve as Chairman Nominee of its post-closing Board. On May 15, 2023, Dune, a special purpose acquisition company, and Global Hydrogen announced that they have entered into a definitive agreement for a business combination, which w
Annual recurring revenue of $54.8 million, up 24% year-over-year Total first quarter revenue of $15.9 million, up 20% year-over-year GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the first quarter ended March 31, 2022. "Our first quarter results mark a strong start to the year after record revenues in fiscal year 2021," stated TJ Parass, CEO of GTY. "These results are a testament to our focused execution and the strong demand for our products as more and more public sector organizations are pushing to modernize and transform their operations. We are also pleased to have anno
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, will hold its first quarter 2022 earnings call at 4:30 pm ET on Monday, May 9th, 2022. The live conference call can be accessed by registering here. After registering, instructions will be shared on how to join the call. The call will also be available via live webcast here. The archived webcast will be available shortly after the call on the Company website, www.gtytechnology.com. About GTY Technology Holdings Inc. GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY") brings leading public sector technology companies together to achieve a new standard in stakeholder e
Total fourth quarter revenue of $16.6 million, up 27% year-over-year Annual recurring revenue of $51.0 million, up 23% year-over-year GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the fourth quarter and full year ended December 31, 2021. "GTY's fourth-quarter performance was a solid finish to what was a strong year for the company, highlighted by accelerating revenue growth of 27%. While the pandemic isn't quite over, our team has been executing very well in this environment. The Public Sector market is improving driven by accelerating digital transformation, improved budget
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, will hold its fourth quarter 2021 earnings call at 4:30 pm ET on Thursday, February 17th, 2022. The live conference call can be accessed by registering here. After registering, instructions will be shared on how to join the call. The call will also be available via live webcast here. The archived webcast will be available shortly after the call on the Company website, www.gtytechnology.com. About GTY Technology Holdings Inc. GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY") brings leading public sector technology companies together to achieve a new standard in stak
Annual recurring revenue of $48.5 million, up 25% year-over-year Total third quarter revenue of $16.3 million, up 29% year-over-year GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the third quarter ended September 30, 2021. "GTY reported another great quarter, highlighted by the large CityBase kiosk install with DTE Energy, a midwestern electric utility which drove our strong performance this quarter with one-time revenue associated with kiosks and will generate significant recurring revenue going forward. We again exceeded expectations across all key operating metrics with c
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, will hold its third quarter 2021 earnings call at 4:30 pm ET on Thursday, November 4th, 2021. The live conference call can be accessed by registering here. After registering, instructions will be shared on how to join the call. The call will also be available via live webcast here. The archived webcast will be available shortly after the call on the Company website, www.gtytechnology.com. About GTY Technology Holdings Inc. GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY") brings leading public sector technology companies together to achieve a new standard in stakeh
Annual recurring revenue of $46.2 million, up 24% year-over-year Total second quarter revenue of $14.3 million, up 28% year-over-year GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the second quarter ended June 30, 2021. "GTY reported another strong quarter, with Q2 exceeding expectations across all key operating metrics. Our ARR growth remained solid at 24% year-over-year and revenue growth accelerated to 28% year-over-year," said TJ Parass, CEO of GTY. "We continue to have strong momentum across all of our business units driven by the need for public sector organizations to
GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY"), a leading vertical SaaS/Cloud solution provider for the public sector, will hold its second quarter 2021 earnings call at 4:30 pm ET on Thursday, August 5th, 2021. The live conference call can be accessed by registering here. After registering, instructions will be shared on how to join the call. The call will also be available via live webcast here. The archived webcast will be available shortly after the call on the Company website, www.gtytechnology.com. About GTY Technology Holdings Inc. GTY Technology Holdings Inc. (NASDAQ:GTYH) ("GTY") brings leading public sector technology companies together to achieve a new standard in stakeho
BOSTON--(BUSINESS WIRE)--GTY Technology Holdings Inc. (Nasdaq: GTYH) (“GTY”), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the fourth quarter and full year ended December 31, 2020. “We closed out a year that presented challenges with another quarter of disciplined execution and strong results. We achieved 14% revenue growth, another quarter of positive cash flow and are particularly pleased with our ARR growth of 25%,” said TJ Parass, CEO of GTY. “We have great momentum across our business and are taking market share. We remain laser focused on providing our customers with the level of support they have come to expec