Tyler Technologies (TYL) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to both the preceding quarter and the same quarter one year earlier. The company reported higher revenue, continuing the upward trend observed in recent periods.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to both the preceding quarter and the same quarter one year earlier. The company reported higher revenue, continuing the upward trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$543.3M
Revenue reported for this quarter.
Quarter-over-quarter
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+9.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
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 |
|---|---|---|
| Dec 31, 2023 | $480.9M | +6.3% |
| Mar 31, 2024 | $512.4M | +8.6% |
| Jun 30, 2024 | $541M | +7.3% |
| Sep 30, 2024 | $543.3M | +9.8% |
Revenue performance
Revenue rose from the immediately preceding quarter, reflecting sustained growth. Compared with the same quarter a year ago, revenue also showed an increase.
Quarterly comparison
Sequentially, revenue improved from the prior quarter. On a year-over-year basis, revenue was higher than the same period last year.
What to watch
The filing discusses risks related to changes in client budgets and cybersecurity threats that could affect future performance.