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Monotype Announces Second Quarter 2018 Results

Jul 27, 2018 - Business Wire

Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced financial results for the second quarter ended June 30, 2018.

Second quarter 2018 highlights

Revenue for the quarter was $60.7 million, an increase of 5% year over year.Creative Professional revenue was $38.4 million, up 25% year over year.Net income was $0.7 million; Non-GAAP net adjusted EBITDA was $17.4 million, a 48% increase year over year, or 28.6% of revenue.Cash and cash equivalents stood at $75.8 million.