|Bid||17.17 x 2200|
|Ask||17.18 x 800|
|Day's Range||17.10 - 17.97|
|52 Week Range||15.29 - 22.30|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||45.25|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.46 (2.61%)|
|1y Target Est||21.17|
The developer of typefaces has received takeover interest from private-equity firms, Bloomberg reported, citing a source close to the matter. While there is no guarantee these discussions will result in a sale, the Woburn, Mass.-based company and its financial adviser are reviewing strategic options.
(Bloomberg) -- Monotype Imaging Holdings Inc., a developer of typefaces, is exploring its strategic options after receiving takeover interest from private equity firms, according to people with knowledge of the matter.The Woburn, Massachusetts-based company is working with a financial adviser to assist in its review, which could include a potential sale, the people said, asking not to be identified because they weren’t authorized to speak publicly.There is no guarantee that the discussions will result in a sale.A representative for Monotype declined to comment.Monotype’s shares rose as high as 9.2% Thursday in New York trading, their largest gain in more than a year. The stock was up 8% to $17.82 at 9:36 a.m., giving it a market value of $738 million.The sales talks come a year and half since activist investor Starboard Value sold down its stake and ended its campaign for board seats. In January 2018, Monotype disclosed that it explored a potential sale and spoke to 28 potentially interested parties but received “no definitive offers.”Monotype went public in 2007, a few years after it was formed when TA Associates acquired a unit of Belgian imaging company Agfa Gevaert NV. It has acted as a consolidator in the industry in recent years. It bought Olapic in 2016 for $130 million, but announced a restructuring of that business a year later and cut 80 jobs.The company, which announced plans to replace Chief Financial Officer Anthony Callini this week, operates technologies designed to enable the display of digital text on electronic devices such as laser printers, mobile phones and televisions.Monotype has a library of 10,000 fonts including famous ones such as Helvetica, according to its website.(Updates share price in fifth paragraph.)To contact the reporters on this story: Kiel Porter in Chicago at firstname.lastname@example.org;Gillian Tan in New York at email@example.comTo contact the editors responsible for this story: Elizabeth Fournier at firstname.lastname@example.org, ;Alan Goldstein at email@example.com, Liana Baker, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Monotype Imaging Holdings Inc. (TYPE) today announced that Anthony Callini will step down effective July 1, 2019, as Executive Vice President and Chief Financial Officer to serve as Chief Financial Officer at a private company. Christopher Brooks, Monotype’s Senior Vice President, Finance will assume the role of Chief Financial Officer on an interim basis until a permanent successor is named. Scott Landers, Chief Executive Officer of Monotype, said, “On behalf of the Company and the Board, I want to thank Tony for his numerous contributions to Monotype.
Company extends services offerings that range from advising on type impact to designing bespoke typefaces
Dividend paying stocks like Monotype Imaging Holdings Inc. (NASDAQ:TYPE) tend to be popular with investors, and for...
Monotype will deliver a collection from its extensive font library to iPhone and iPad users for use across the system, through an app created by Monotype and available for download through the App Store later this year. Upon downloading the newest version of iOS available later this year, users ranging from casual font fans to creative professionals, will for the first time, receive access to the fonts they want across iPhone and iPad apps, all through the App Store. In addition to new font licenses, users will be able to sync fonts they have already licensed from Monotype’s ecommerce channel, to their devices.
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Monotype Imaging Holdings Inc. today announced that Monotype executives will participate in four investor conferences in May and June 2019, including:
NEW YORK , May 13, 2019 /PRNewswire/ -- Aratana Therapeutics, Inc. (PETX) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the proposed merger of ...
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In addition to Helvetica® Now, the latest additions to the Monotype Library include a blend of geometric and calligraphic designs, a playful brush script, a serif type for easy rea
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Monotype Imaging Holdings Inc. today announced that Monotype President and CEO Scott Landers will attend the Jefferies Software Conference on Thursday, May 9, 2019, to participate in one-on-one meetings at the event.
Monotype (TYPE) and Alibaba today unveiled the Alibaba Sans typeface. Designed for Alibaba Group, a multinational leader in e-commerce, retail and technology, the typeface family helps unify the company’s branding across its vast international apps, platforms and websites. With this launch, Alibaba is authorizing all merchants and brands free access to the font system to enable them to express their brand identity and create businesses that are beautiful and simple.
Holzer & Holzer, LLC is investigating whether certain statements made by Monotype Imaging Holdings, Inc. complied with federal securities laws.
WOBURN, Mass. (AP) _ Monotype Imaging Holdings Inc. (TYPE) on Friday reported first-quarter net income of $2.5 million, after reporting a loss in the same period a year earlier. For the current quarter ending in July, Monotype expects its per-share earnings to range from 23 cents to 31 cents. Monotype expects full-year earnings in the range of $1.29 to $1.43 per share, with revenue ranging from $247 million to $257 million.
NEW YORK, NY / ACCESSWIRE / April 26, 2019 / Monotype Imaging Holdings Inc. (NASDAQ: TYPE ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 26, 2019 at ...
Monotype (TYPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E ratio analysis to Monotype Imaging Holdings Inc.'s (NASDAQ:TYPE), to help you decide if the stock is worth further r...
Monotype Imaging Holdings Inc. (TYPE) will announce its first quarter 2019 financial results before the U.S. financial markets open on Friday, April 26, 2019, and host a related conference call at 8:30 a.m. ET that day. Scott Landers, president and chief executive officer, and Tony Callini, executive vice president and chief financial officer, will discuss Monotype’s first quarter for the period ended March 31, 2019. Individuals who are interested in listening to the audio webcast should log on to the “Investors” portion of the “Company” section of Monotype’s website at www.monotype.com.