Monotype Imaging (TYPE) Misses Q3 EPS by 3c; Guides FY16 EPS Below Views

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Monotype Announces Third Quarter 2016 Results

October 28, 2016 7:01 AM EDT

Creative Professional grows 24 percent, now represents more than 50 percent of total revenue

WOBURN, Mass.--(BUSINESS WIRE)-- Monotype Imaging Holdings Inc. (Nasdaq: TYPE), a leader in helping to empower expression and engagement through type, technology and expertise, today released results for the third quarter ended September 30, 2016.

Third Quarter 2016 Highlights

Revenue for the quarter was $52.2 million, an increase of 6 percent, year over year. Non-GAAP pro forma revenue for the quarter, inclusive of unaudited, estimated Olapic revenue prior to the acquisition, was $54.7 million. Creative... More