Monotype Imaging (TYPE) Tops Q1 EPS by 7c
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Monotype Announces First Quarter 2016 Results
April 29, 2016 7:01 AM EDTCompany 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
