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GTY Technology (GTYH) Misses Q4 EPS by 18c, Revenues Miss; Offers 1Q & FY21 Revenues miss

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GTY Technology Holdings Announces Fourth Quarter and Full Year 2020 Financial Results

February 16, 2021 4:05 PM EST

Annual recurring revenue of $41.4 million, up 25% year-over-year

Total fourth quarter revenue of $13.1 million, up 14% year-over-year

115 new customers in Q4, up 77% year-over-year

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 fourth quarter and full year ended December 31, 2020.

We closed out a year that presented challenges with another quarter of disciplined execution and strong results. We achieved 14% revenue growth, another quarter of... More