Tyler Technologies, Inc. (NYSE:TYL ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Brian K. Miller - Executive VP & CFO H.
Tyler Radke, Citi Research U.S. software equity research co-head, joins 'The Exchange' to discuss Citi's call to upgrade CoreWeave to a buy.
TYL's Q2 results reflect the benefits of a rise in subscription revenues, primarily driven by new software contracts.
While the top- and bottom-line numbers for Tyler Technologies (TYL) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Tyler Technologies (TYL) came out with quarterly earnings of $2.91 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $2.4 per share a year ago.
Get a deeper insight into the potential performance of Tyler Technologies (TYL) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
TYL's Q2 results are likely to reflect strong SaaS growth as public sector continues to shift from on-premise and backdated systems to cloud-based frameworks.
Tyler Technologies, Inc. has strong organic growth, a large public sector customer base, and significant cross-selling and payment market opportunities. The company's SaaS transition and recurring revenue model are driving margin expansion, with impressive recent financial results and robust project pipelines. Despite these positives, I find TYL stock significantly overvalued, justifying my continued Strong Sell rating and a fair value estimate of $339 per share.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
ServiceNow NOW and Tyler Technologies TYL are well-known providers of cloud-based enterprise software stocks. Both are helping enterprises in digital transformation through their respective cloud-supported solutions.
Tyler Technologies (TYL) reported earnings 30 days ago. What's next for the stock?
I am downgrading Tyler Technologies to a hold due to concerns over 1Q25 bookings, declining deal sizes, and shorter contract durations. Despite solid 1Q25 revenue growth and strong SaaS performance, the significant drop in new SaaS bookings raises red flags about mid-term growth. Management's assurance of strong RFP and demo activity provides some comfort, but the uncertainty around bookings impacts my confidence.