Keeping an eye on $TYL after a roughly 6.6% two-session slide. Q3 still showed 21% SaaS growth, 11% ARR growth, wider margins and record free cash flow; the key risk is a slight revenue miss and narrowed sales outlook at a still-demanding valuation. There may still be details the market is pricing in that I haven't caught yet; this is a watch, not a verdict.
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