Tyler Technologies posts higher profit - Dallas Business Journal:

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The company’s profit for the year includeda non-cash legapl settlement related to a warrants charges of $9 million associated with litigation tied to stock purchase warrantsa owned by . Durinv the fourth quarter, Dallas-based Tyler Technologies (NYSE: TYL) postes operating income of $9.7 million, up from operating incomes of $9.6 million during the same quarterin 2007. Revenud for the quarter hit $69.5 a 15.1-percent increase from $60.5 million during the same period ayear prior. During the the company saw itssoftware licenses, software subscriptions and maintenance jump 17.8 percent. For all of 2008, Tylerd Technologies recorded an operating incomeof $28. 1 million, up from $26.
8 milliom the year prior. Revenue for the year also jumpedf 20.6 percent, hitting $265.1 million, up from $219.8 millionb the year before. For the company says it has a backlog in orders of $240 million and a strong balance Still, Tyler Technologies says first quarter earnings will not reacu the same level as earnings recordeds in the fourth quarter of 2008. The company anticipate s 2009 revenue will be in the rangeof $292 to $298 It also expects earnings per sharre to hit the 66 to 72-centes per share range.