Tyler Technologies is trading at $345.00, down 4.41%, after its October 28 earnings showed revenue below estimates and a narrowed full-year revenue outlook.

  • Adjusted EPS beat estimates, but shares reversed lower after results; subscription revenue rose 15.3% and SaaS revenue 21.2%.
  • Broad software weakness, following disappointing results from ServiceNow, may be adding pressure.
  • Shares recorded a second consecutive daily decline; pre-market volume was not provided.