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Altair Engineering earnings beat by $0.06, revenue topped estimates

Published 02/05/2024, 22:00
Altair Engineering earnings beat by $0.06, revenue topped estimates
ALTR
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Investing.com - Altair Engineering (NASDAQ: ALTR) reported first quarter EPS of $0.40, $0.06 better than the analyst estimate of $0.34. Revenue for the quarter came in at $172.91M versus the consensus estimate of $169.29M.

Guidance

Altair Engineering sees Q2 2024 revenue of $145.00M-$148.00M versus the analyst consensus of $154.80M.

Altair Engineering's stock price closed at $81.75. It is down -6.74% in the last 3 months and up 21.80% in the last 12 months.

Altair Engineering saw 0 positive EPS revisions and 7 negative EPS revisions in the last 90 days. See Altair Engineering's stock price’s past reactions to earnings here.

According to InvestingPro, Altair Engineering's Financial Health score is "fair performance".

Check out Altair Engineering's recent earnings performance, and Altair Engineering's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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