Monotype: 2Q Earnings Snapshot
WOBURN, Mass. (AP) _ Monotype Imaging Holdings Inc. (TYPE) on Friday reported second-quarter net income of $10 million.
The Woburn, Massachusetts-based company said it had profit of 25 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 38 cents per share.
The company that licenses typefaces to designers and manufacturers posted revenue of $63.2 million in the period.
Monotype shares have climbed 4% since the beginning of the year. The stock has decreased 20% in the last 12 months.