Tyler Technologies (TYL) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter compared to the prior quarter. The growth rate was lower than the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter compared to the prior quarter. The growth rate was lower than the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$512.4M
Revenue reported for this quarter.
Quarter-over-quarter
+6.5%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
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 |
|---|---|---|
| Jun 30, 2023 | $504.3M | +7.6% |
| Sep 30, 2023 | $494.7M | +4.5% |
| Dec 31, 2023 | $480.9M | +6.3% |
| Mar 31, 2024 | $512.4M | +8.6% |
Revenue performance
The reported revenue rose from the immediately preceding quarter. This marks a continuation of the upward trend seen over the past several quarters.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased, though at a slower pace than the year-ago comparison. The sequential improvement was driven by higher revenue in the current period relative to the prior quarter.
What to watch
Monitor whether the year-over-year growth rate stabilizes or continues to moderate in upcoming quarters.