Monotype Imaging (TYPE) Tops Q1 EPS by 7c

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Go back to Monotype Imaging (TYPE) Tops Q1 EPS by 7c

Monotype Announces First Quarter 2016 Results

April 29, 2016 7:01 AM EDT

Company continues to see strong growth in Creative Professional business

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, 2016.

First quarter 2016 highlights

Revenue for the quarter was $49.8 million, an increase of 8 percent, year over year. Creative Professional revenue was $23.9 million, up 17 percent. Non-GAAP net adjusted EBITDA was $16.6 million, or 33 percent of revenue.... More