Monotype Imaging (TYPE) Tops Q4 EPS by 23c, Offers Q1 and FY Guidance

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Go back to Monotype Imaging (TYPE) Tops Q4 EPS by 23c, Offers Q1 and FY Guidance

Monotype Announces Fourth Quarter and Full-Year 2018 Results

February 15, 2019 7:00 AM EST

Company Posts Record Performance, and Exceeds Revenue and Profitability Expectations

WOBURN, Mass.--(BUSINESS WIRE)-- Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced financial results for the fourth quarter and full year ended December 31, 2018.

Fourth quarter 2018 highlights

Revenue for the quarter was $71.4 million, an increase of 10% year over year. Creative Professional revenue was $49.6 million, up 29% year over year. Net income was $9.5 million; Non-GAAP net adjusted EBITDA was $26.8 million, a 44% increase year over year, or 37.5% of revenue.

Full-year 2018... More