this morning GAP UP and FLY 15% ......
TYPE's EPS beats ...
7:08AM Monotype Imaging beats by $0.03, beats on revs (TYPE) 4.05 : Reports Q1 (Mar) earnings of $0.09 per share, $0.03 better than the First Call consensus of $0.06; revenues fell 13.6% year/year to $23.6 mln vs the $23.1 mln consensus. "Our first quarter results demonstrate our ability to effectively manage the business and deliver high levels of profitability and free cash flow even in the face of a challenging economic environment. We remain optimistic about our long-term growth opportunities and plan to continue selectively investing in our key strategic growth initiatives, including emerging consumer electronics markets."
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