Monotype Imaging (NASDAQ:TYPE) issued an update on its fourth quarter 2018 earnings guidance on Friday morning. The company provided earnings per share guidance of $0.22-0.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $63.7-67.7 million, compared to the consensus revenue estimate of $64.7 million.Monotype Imaging also updated its FY 2018 guidance to $0.94-0.97 EPS.
NASDAQ:TYPE opened at $18.73 on Friday. The company has a quick ratio of 2.69, a current ratio of 2.69 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $788.61 million, a PE ratio of 23.12 and a beta of 1.08. Monotype Imaging has a 1-year low of $17.27 and a 1-year high of $26.75.
Monotype Imaging (NASDAQ:TYPE) last posted its quarterly earnings data on Friday, November 2nd. The software maker reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. Monotype Imaging had a net margin of 5.19% and a return on equity of 8.88%. The business had revenue of $58.00 million during the quarter, compared to analyst estimates of $59.65 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. The company’s revenue was down 4.1% on a year-over-year basis. Research analysts anticipate that Monotype Imaging will post 0.58 earnings per share for the current fiscal year.
Monotype Imaging Company Profile
Monotype Imaging Holdings Inc develops, markets, and licenses technologies and fonts in the United States, the United Kingdom, Germany, Japan, and rest of Asia. The company offers font products, including its own fonts from the Monotype Libraries, as well as fonts from third parties through its e-commerce Websites, including myfonts.com, fonts.com, fontshop.com, and linotype.com.
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