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Recap: Altair Engineering Q4 Earnings

Author: Benzinga Insights | February 22, 2024 05:20pm

Altair Engineering (NASDAQ:ALTR) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Altair Engineering beat estimated earnings by 12.2%, reporting an EPS of $0.46 versus an estimate of $0.41.

Revenue was up $11.07 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 11.22% increase in the share price the next day.

Here's a look at Altair Engineering's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.04 0.14 0.29 0.19
EPS Actual 0.14 0.15 0.36 0.31
Revenue Estimate 127.35M 139.02M 156.88M 146.20M
Revenue Actual 134.00M 141.16M 166.03M 160.43M

To track all earnings releases for Altair Engineering visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ALTR

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