PLANO, Texas (AP) 鈥� PLANO, Texas (AP) 鈥� Tyler Technologies Inc. (TYL) on Wednesday reported first-quarter earnings of $81.2 million.
On a per-share basis, the Plano, Texas-based company said it had net income of $1.88. Earnings, adjusted for one-time gains and costs, came to $3.09 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.
The information management software provider posted revenue of $613.5 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $609.6 million.
Tyler Technologies expects full-year revenue in the range of $2.54 billion to $2.58 billion.
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