GTY Technology (GTYH) Misses Q2 EPS by 8c, Revenues Beat

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GTY Technology Holdings Announces Second Quarter 2020 Results

August 7, 2020 7:30 AM EDT

35% Revenue Growth, Strong Bookings Growth and On Path to Cash-Flow Positive

BOSTON--(BUSINESS WIRE)-- GTY Technology Holdings Inc. (Nasdaq: GTYH) (GTY), a leading vertical SaaS/Cloud solution provider for the public sector, today announced financial results for the second quarter and six months ended June 30, 2020.

New leadership team delivers on topline growth, cost management, customer satisfaction and cultural adaptation to healthy and engaged remote work. First half GAAP revenues up 38% year-over-year to $22.4 million; second quarter GAAP revenues up 35% to $11.2 million. First half non-GAAP revenues up 22%... More