Tyler Technologies (TYL) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased compared to the immediately preceding quarter. However, it increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter decreased compared to the immediately preceding quarter. However, it increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$480.9M
Revenue reported for this quarter.
Quarter-over-quarter
-2.8%
Change from the immediately preceding quarter.
Year-over-year
+6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $471.9M | +3.5% |
| Jun 30, 2023 | $504.3M | +7.6% |
| Sep 30, 2023 | $494.7M | +4.5% |
| Dec 31, 2023 | $480.9M | +6.3% |
Revenue performance
The sequential decline followed a period of growth in earlier periods of the trailing year. The year-over-year increase indicates revenue was higher than the same period last year.
Quarterly comparison
Compared to the prior quarter, revenue was lower. Compared to the same quarter a year ago, revenue was higher, showing a mixed performance.
What to watch
Monitor whether the sequential decline is a seasonal pattern or indicates a change in trend.