Monotype Imaging (TYPE) Misses Q1 EPS by 1c; Guides Q2, FY15 EPS Below Consensus

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Monotype Announces First Quarter 2015 Results

May 1, 2015 7:07 AM EDT

WOBURN, Mass.--(BUSINESS WIRE)-- Monotype Imaging Holdings Inc. (Nasdaq: TYPE), a leading provider of typefaces, technology and expertise for creative applications and consumer devices, today announced financial results for the first quarter ended March 31, 2015.

First quarter 2015 highlights

Revenue for the quarter was $46.0 million. Operating income was $11.1 million, or 24 percent of revenue. Non-GAAP net adjusted EBITDA was $16.2 million, or 35 percent of revenue. Cash flow from operations was $10.9 million.

We ended the quarter... More