This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Monotype Announces Fourth Quarter And Full Year 2012 Results

Monotype Imaging Holdings Inc. (Nasdaq: TYPE), a leading provider of typefaces, technology and expertise for creative applications and consumer devices, today announced financial results for the fourth quarter and full year ended Dec. 31, 2012.

Fourth quarter 2012 highlights

  • Revenue for the quarter was a record $39.0 million, a 23 percent increase year-over-year.
  • Operating income was $12.0 million, an increase of 27 percent over 2011.
  • Non-GAAP net adjusted EBITDA increased 20 percent to $16.5 million, or 42 percent of revenue.
  • Cash flow from operations was $14.0 million, a 26 percent increase year-over-year.

Full year 2012 highlights

For the full year 2012, the company reported record financial results as follows:

  • Revenue was $149.9 million, an increase of 22 percent year-over-year.
  • Operating income was $46.5 million, an increase of 22 percent over 2011.
  • Non-GAAP net adjusted EBITDA increased 18 percent to $64.2 million, or 43 percent of revenue.
  • Cash flow from operations was $50.4 million an increase of 28 percent compared to 2011.

“Monotype had a very strong fourth quarter and full year, as a growing number of brands turned to us for the typefaces, technology and expertise they need to deliver high-quality user experiences,” said Doug Shaw, president and chief executive officer. “We strengthened our business in multiple areas, as we continued to diversify, expand our intellectual property, and invest in support of our long-term growth initiatives, all while delivering significant levels of profitability and cash flow.”

“We achieved record top-line results, while improving the visibility and predictability of our revenue streams. We continued to invest in the business, both organically and through acquisitions, and we instituted a quarterly dividend program,” said Scott Landers, senior vice president and chief financial officer. “We enter 2013 in the strongest financial, operational and market position in our history. With that confidence in mind, our board of directors has approved a 50 percent increase in our quarterly dividend.”

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs