AP NEWS

Monotype: 4Q Earnings Snapshot

February 15, 2019

WOBURN, Mass. (AP) _ Monotype Imaging Holdings Inc. (TYPE) on Friday reported fourth-quarter profit of $9.5 million.

On a per-share basis, the Woburn, Massachusetts-based company said it had profit of 23 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 45 cents per share.

The company that licenses typefaces to designers and manufacturers posted revenue of $71.4 million in the period.

For the year, the company reported profit of $12.3 million, or 29 cents per share. Revenue was reported as $246.7 million.

For the current quarter ending in April, Monotype expects its per-share earnings to range from 19 cents to 25 cents.

The company said it expects revenue in the range of $55.5 million to $59.5 million for the fiscal first quarter.

Monotype expects full-year earnings in the range of $1.18 to $1.30 per share, with revenue ranging from $247 million to $257 million.

Monotype shares have risen 13 percent since the beginning of the year. The stock has fallen 25 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TYPE at https://www.zacks.com/ap/TYPE