Monotype Imaging (TYPE) Tops Q2 EPS by 11c, Revenues Beat

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Monotype Announces Second Quarter 2019 Results

July 26, 2019 7:01 AM EDT

Revenue Grows 4%, Net Income Reaches $10.3 Million and Net-Adjusted EBITDA Increases 24%

Conference Call Scheduled for 8:30 a.m. EDT Will Not Take Place in Light of HGGC Transaction

WOBURN, Mass.--(BUSINESS WIRE)-- Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced financial results for the second quarter ended June 30, 2019.

Second quarter 2019 highlights

Revenue for the quarter was $63.2 million, an increase of 4% year over year. Net income was $10.3 million; Non-GAAP net adjusted EBITDA was $21.6 million, or 34% of... More