GTY Technology Holdings Announces Second Quarter 2020 Results
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GTY Technology (GTYH) Misses Q2 EPS by 8c, Revenues Beat
August 7, 2020 7:39 AM EDTGTY Technology (NASDAQ: GTYH) reported Q2 EPS of ($0.15), $0.08 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $11.31 million versus the consensus estimate of $11 million.
We delivered significant revenue growth this quarter while getting leaner and remaining focused on growth, cost reductions and customer satisfaction. Weve also deployed centralized processes and discipline to be more predictable in our execution and results, said TJ Parass, CEO of GTY. Customer retention and loyalty are at an all-time high. The COVID-19 pandemic is driving organizations in the public sector to continually iterate their... More
