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NASDAQ: TYPE 24.85 +0.10 (+0.4%)
Volume 108,503
11/21/17 02:03 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 Restructuring of Olapic Business November 15, 2017
Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced a restructuring of the Olapic business designed to accelerate its integration into the core Monotype business, thereby helping Monotype to drive improved growth and customer value for the Olapic offerings, and to calibrate investments to better support the Olapic business over time. As a result, Monotype has reduced its headcount by 80 positions, primarily Olapic employees. “As mentioned on our Q3 earnings call, we’ve learned a lot about the Olapic business in the last year. We believe that integrating the go-to-market teams and focusing our efforts on key vertical markets will help us drive faster growth and better serve our customers over the long term,” said Scott Landers, president and CEO at Monotype. “By aligning the products, programs and people to the market opportunities, we anticipate that the Olapic business will be breakeven for the full year in 2018, sooner than originally expected.” Landers continued,...
Monotype Announces Third Quarter 2017 Results October 31, 2017
Creative Professional grows 13 percent organically; OEM stabilization ahead of schedule; and profitability exceeds expectations Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced financial results for the third quarter ended September 30, 2017. Third quarter 2017 highlights Revenue for the quarter was $60.5 million, an increase of 16%, year over year. Pro Forma non-GAAP revenue for the quarter was $61.0 million. Creative Professional revenue was $34.5 million, up 24%, year over year, 13% organically. Net income was $1.3 million. Non-GAAP net adjusted EBITDA was $15.9 million, or 26% of revenue, which outperformed expectations. Pro Forma non-GAAP net adjusted EBITDA was $16.5 million, or 27% of Pro Forma non-GAAP revenue. Approximately 80% of estimated printer revenue was under recurring fixed fee arrangements at the close of the quarter. “We are pleased with our strong third quarter results, highlighted by continued growth in Creative Professional, and better than expected...
Monotype Schedules Third Quarter 2017 Financial Results Release and Conference Call October 19, 2017
Monotype Imaging Holdings Inc. (Nasdaq: TYPE) will announce its third quarter 2017 financial results before the U.S. financial markets open on Tuesday, October 31, 2017 , and host a related conference call at 8:30 a.m. EDT that day. Scott Landers , president and chief executive officer, and Tony Callini , chief financial officer, will discuss Monotype’s third quarter financial results for the period ended September 30, 2017 . Individuals who are interested in listening to the audio webcast should log on to the “Investors” portion of the “Company” section of Monotype’s website at The live call can also be accessed by dialing 844-229-7594 (domestic) or 314-888-4259 (international) using passcode 4999899. If individuals are unable to listen to the live call, the audio webcast will be archived in the Investors portion of the company’s website for one year. About Monotype Monotype provides the design assets, technology and expertise that help create beautiful, authentic...


Price 24.85 +0.10 (+0.4%)
Volume 108,503
11/21/17 02:03 PM Pricing delayed 20 minutes More Stock quote and chart


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