Monotype Imaging (TYPE) Tops Q2 EPS by 11c, Revenues Beat

Monotype Imaging (NASDAQ: TYPE) reported Q2 EPS of $0.38, $0.11 better than the analyst estimate of $0.27. Revenue for the quarter came in at $63.2 million versus the consensus estimate of $57.35 million.

• Revenue for the quarter was $63.2 million, an increase of 4% year over year.
• Net income was $10.3 million; Non-GAAP net adjusted EBITDA was $21.6 million, or 34% of revenue.

“We are pleased with our second quarter performance,” said Scott Landers, President and CEO of Monotype. “In line with our strategic direction, we will continue to drive the business with a view on the long-term as we address both the creative and OEM needs of our enterprise customers.”

For earnings history and earnings-related data on Monotype Imaging (TYPE) click here.

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