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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tyler Technologies Corp | NYSE:TYL | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
8.01 | 1.54% | 528.92 | 528.95 | 517.90 | 521.65 | 152,268 | 21:03:45 |
Tyler among 25 companies known for investing in innovation
Tyler Technologies, Inc. (NYSE:TYL) was recently named to Forbes’ “Most Innovative Growth Companies 2016” list. Tyler was cited by Forbes among 25 companies that investors could expect to be innovative now and in the future.
According to Forbes, companies were ranked by their innovation premium, or the difference between their market capitalization and the net present value of cash flows from existing businesses. The difference between them is the bonus given by equity investors on the estimate that the company will continue to generate profitable new growth.
“We are pleased to be recognized by Forbes for our steady growth and innovative business practices,” said John S. Marr Jr., president and chief executive officer of Tyler Technologies. “The Forbes recognition underscores Tyler’s commitment to continued, sustainable investments in technology to ensure our clients have the most advanced solutions essential to local government.”
Tyler Technologies, ranked No. 24 on the “Most Innovative Growth Companies 2016” list, joins other firms that met Forbes’ ranking requirements, including having at least seven years of public financial data, and a market capitalization of between $2 billion and $10 billion. The Forbes list focused on industries known for investing in innovation, including making measurable research-and-development expenditures.
About Tyler Technologies, Inc.
Tyler Technologies (NYSE: TYL) is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector — cities, counties, schools and other government entities — to become more efficient, more accessible and more responsive to the needs of citizens. Tyler’s client base includes more than 14,000 local government offices in all 50 states, Canada, the Caribbean, the United Kingdom and other international locations. Forbes has named Tyler one of “America’s Best Small Companies” eight times and the company has been included six times on the Barron’s 400 Index, a measure of the most promising companies in America. More information about Tyler Technologies, headquartered in Plano, Texas, can be found at www.tylertech.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160707005076/en/
Jetstream PR for Tyler TechnologiesTony Katsulos, 972-788-9456, ext. 301Tony.katsulos@jetstreampr.com
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