Tyler Technologies Sees FY24 Revenue $2.12-$2.15B Vs $2.13B Est.

Guidance for 2024 As of July 24, 2024, Tyler Technologies is providing the following guidance for the full year 2024: • Total revenues are expected to be in the range of $2.120 billion to $2.150 billion. • GAAP diluted earnings per share are expected to be in the range of $5.76 to $5.96. • Non-GAAP diluted earnings per share are expected to be in the range of $9.25 to $9.45. • Free cash flow margin is expected to be in the range of 18% to 20%. • Research and development expense is expected to be in the range of $122 million to $125 million. • Capital expenditures are expected to be in the range of $50 million to $52 million, including approximately $33 million of capitalized software development costs.