Altair Engineering First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Altair Engineering Inc. - Class A (ALTR)
Last altair engineering inc. - class a earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations:
investor.altair.com/overview
Company Research
Source: Yahoo! Finance
Net income: US$16.5m (up from US$1.96m loss in 1Q 2023). Profit margin: 9.6% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses. EPS: US$0.20 (up from US$0.024 loss in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Altair Engineering Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are down 2.5% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 2 warning signs for Altair Engineering you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternative
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News
- Predictive Analytics Market size is set to grow by USD 21601.17 mn from 2023-2027, increasing data generation and advent of big data to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Altair Engineering Leads Three US Growth Companies With High Insider Ownership [Yahoo! Finance]Yahoo! Finance
- Altair Earns ISO/IEC27001:2022 Certification for Global OperationsPR Newswire
- Altair Earns ISO/IEC27001:2022 Certification for Global OperationsPR Newswire
- Altair Earns ISO/IEC27001:2022 Certification for Global OperationsPR Newswire
ALTR
Earnings
- 5/2/24 - Beat
ALTR
Sec Filings
- 5/17/24 - Form 144
- 5/17/24 - Form 144
- 5/16/24 - Form 8-K
- ALTR's page on the SEC website