Monotype Imaging (NASDAQ: TYPE) reported Q4 EPS of $0.45, versus $0.08 reported last year. Revenue for the quarter came in at $656 million versus the consensus estimate of $62.51 million.

• Monotype has raised its first quarter 2018 profit outlook and tightened its revenue range for the full year 2018.
• Non-GAAP net income, which excludes the amortization of intangible assets, stock based compensation expense and acquisition-related compensation expense, net of taxes, was $18.0 million, compared to $4.8 million in the fourth quarter of 2016. Non-GAAP earnings per diluted share were $0.45 compared to $0.12 in the prior year period.
• Revenue for the quarter was a record $65.0 million, an increase of 24% year over year.
• Creative Professional revenue was $38.4 million, up 41% year over year.
• More than 90% of estimated printer revenue now under fixed fee arrangements.
• Net income was $11.9 million. Non-GAAP net adjusted EBITDA was $15.0 million, or 23% of revenue.

GUIDANCE:

Monotype Imaging sees FY2018 EPS of $0.76-$0.87, versus the consensus of $0.73. Monotype Imaging sees FY2018 revenue of $243-251 million, versus the consensus of $243.82 million.

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