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NASDAQ: TYPE 19.93 -0.01 (-0.05%)
Volume 432,199
08/23/19 04:00 PM Pricing delayed 20 minutes More Stock quote and chart

Print or digital, Monotype (NASDAQ:TYPE) has always created value through type.

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Press Releases

Monotype press releases are provided for historical purposes only. Information contained in Monotype press releases is accurate only as of the date they are issued originally. Monotype has no obligation to update the information contained in press releases after their date of issuance.

Monotype Announces Second Quarter 2019 Results July 26, 2019
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 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 revenue. “We are pleased with our second quarter performance,” said Scott Landers, President and CEO of Monotype. “In line with our strategic direction, we will continue to drive the business with a view on the long-term as we address both the creative and OEM needs of our enterprise customers.” HGGC Transaction In a separate press release issued today, Monotype announced that it has entered into a definitive agreement under which HGGC, a leading middle market private equity firm, will...
Monotype to Be Acquired by HGGC for $19.85 Per Share in Cash July 26, 2019
Transaction Expected to Close in the Fourth Quarter of 2019 Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced that it has entered into a definitive agreement under which HGGC, a leading middle market private equity firm, will acquire all outstanding shares of Monotype common stock for $19.85 per share in cash, representing an aggregate equity value of approximately $825 million. The $19.85 per share cash consideration represents a premium of approximately 23% to Monotype’s closing share price on July 25, 2019, the last full trading day before today’s announcement. The transaction, which was unanimously approved by Monotype’s Board of Directors, is expected to close in the fourth quarter of 2019. Following completion of the transaction, Monotype expects it will remain headquartered in Woburn, MA. Pamela Lenehan, Chair of the Monotype Board of Directors, said, “We are pleased to reach this agreement with HGGC, which enables our shareholders to realize immediate value at a...
Introducing Ambiguity: A Typeface Family that Embraces Uncertainty and Celebrates Differences July 18, 2019
Monotype (Nasdaq: TYPE) today unveiled the  Ambiguity ™ type family, a genre-bending design that merges traditional and contrarian views of letter proportions. Designed by Charles Nix of the  Monotype Studio , Ambiguity challenges creative professionals to explore a spectrum of beliefs through type, embrace diversity and find peace and beauty in all. Ambiguity breaks with traditional structures, and has five “states” of letterform proportions: Radical, Thrift, Generous, Tradition and Normate. The extensive family is comprised of 70 fonts in six weights and two display styles. The Ambiguity family’s complete range of weights and styles make it an exceptionally flexible type family. Its letterforms are legible in both display and text, and its variable widths make it suitable for information-rich applications. Ambiguity’s unity and versatility offers brands a host of designs ranging from conventional to unique, which allows them to mix and experiment to create a system of type...

NASDAQ: TYPE

Price 19.93 -0.01 (-0.05%)
Volume 432,199
08/23/19 04:00 PM Pricing delayed 20 minutes More Stock quote and chart

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