PLANO, Texas (AP) _ Tyler Technologies Inc. (TYL) on Wednesday reported third-quarter earnings of $39.3 million.
The Plano, Texas-based company said it had profit of 94 cents per share. Earnings, adjusted for one-time gains and costs, were $1.50 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.
The information management software provider posted revenue of $285.7 million in the period. Its adjusted revenue was $285.9 million, which also topped Street forecasts. Five analysts surveyed by Zacks expected $284.9 million.
Tyler Technologies expects full-year earnings in the range of $5.48 to $5.58 per share, with revenue in the range of $1.12 billion to $1.13 billion.
Tyler Technologies shares have risen 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $405.98, a rise of 50% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TYL at https://www.zacks.com/ap/TYL
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