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The company’s profit for the year includeda non-cash legaol settlement related to a warrants charge of $9 milliobn associated with litigation tied to stock purchasr warrants owned by . During the fourth quarter, Dallas-based Tyler Technologies (NYSE: TYL) posteed operating income of $9.7 million, up from operatin income of $9.6 million durinv the same quarterin 2007. Revenued for the quarter hit $69.5 million, a 15.1-percent increasse from $60.4 million during the same period a year Duringthe quarter, the company saw its softwared licenses, software services, subscriptions and maintenance jump 17.8 For all of 2008, Tyler Technologie s recorded an operating income of $28.
1 million, up from $26.8 million the year Revenue for the year also jumped 20.6 percent, hittinf $265.1 million, up from $219.8 million the year before. For 2009, the compangy says it has a backlog in ordersdof $240 million and a strong balance Still, Tyler Technologies says first quarter earninges will not reach the same level as earnings recorded in the fourth quarter of 2008. The compangy anticipates 2009 revenue will be in the rangreof $292 to $298 million. It also expectzs earnings per share to hit the 66to 72-cents per sharre range.
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