Altair Engineering

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. It operates through the following segments: Software and Client Engineering Services. The Software segment includes a portfolio of software products, as well as solvers and optimization technology products, modelling and visualization tools. The Client Engineering Services segment engages in the provision of client engineering services to support customers with long-term, ongoing product design and development expertise. The company was founded by James Ralph Scapa in 1985 and is headquartered in Troy, MI.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Altair Engineering excels in Q4 with record software revenue

Altair Engineering's Q4 2022 was marked by outstanding performance, strong vertical wins, and strategic investments. The company's focus on innovation, partnerships, and market expansion positions it well for future growth. Challenges in optimizing high-performance computing and maintaining steady performance in 2023 are areas of focus for Altair.

Altair Engineering beats Q1 expectations, eyes growth amid EV shifts

Altair Engineering delivered a strong Q1 2023 performance, surpassing financial expectations and highlighting strengths in software revenue and innovation. While facing challenges in seasonality and EV revenue, the company has opportunities for growth through product promotion and technology investments.

Altair Engineering surpasses Q2 guidance, eyes strong 2024 demand

Altair Engineering's Q2 performance exceeded expectations, driven by strong software product revenue and billings growth.
Despite FX challenges, Altair's strategic acquisitions, diverse wins, and focus on expense management position them for future success.
Opportunities in data analytics, automotive vertical, and cross-selling strategies showcase Altair's growth potential and market positioning.

Altair Engineering excels in Q3, poised for sustained growth

Altair Engineering delivered a standout performance in Q3 2023, exceeding guidance across key financial metrics and showcasing strong growth momentum. With a focus on innovation, strategic partnerships, and operational efficiency, Altair is well-positioned for continued success. While challenges exist in a competitive landscape, the company's solid financial position, high customer satisfaction, and expanding market opportunities bode well for its future.

Altair Engineering achieves record revenue, eyes growth in key sectors

Altair Engineering's strong financial performance in Q4 2023 and focus on innovation and partnerships position them well for continued growth. Challenges include evolving revenue seasonality and the need to sustain growth momentum through strategic investments.

Altair Engineering excels in Q1 2024, poised for strategic growth

Altair Engineering's Q1 2024 performance reflects operational excellence and market leadership.
Strategic acquisitions, customer engagement, and industry recognition position Altair for sustained growth.
Challenges from industry dynamics require adaptive strategies to maintain competitive edge.
Opportunities in key sectors and disruptive events offer avenues for expansion and innovation.

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New brand ushers in a new era of technologies and solutions that enable organizations to design and deliver next-generation advancements New brand ushers in a new era of technologies and solutions that enable organizations to design and deliver next-generation advancements

Altair Launches Brand Refresh

Release includes integration of Altair SimSolid™ for fast, accurate structural analysis of complex assemblies Release includes integration of Altair SimSolid™ for fast, accurate structural analysis of complex assemblies

Altair Accelerates Simulation-Driven Design in Latest Release of Altair Inspire™

Cloud-based deployment enables users to build, modify, and share their own custom-designed functions and content easily via standard web browsers Cloud-based deployment enables users to build, modify, and share their own custom-designed functions and content easily via standard web browsers

Altair Announces Major Update to Panopticon Real-time Data Monitoring and Analysis

Altair Engineering Inc. (ALTR) CEO Jim Scapa on Q4 2019 Results - Earnings Call Transcript

Altair Engineering Inc. (ALTR) delivered earnings and revenue surprises of 28.57% and 13.15%, respectively, for the quarter ended December 2019.

Altair Engineering Inc. (ALTR) Surpasses Q4 Earnings and Revenue Estimates

TROY, Mich., Feb.  24, 2020  (GLOBE NEWSWIRE) --  Altair , (Nasdaq: ALTR) a global technology company providing solutions in product development, high-performance computing and data analytics, today announced that Gilma Saravia has joined the company as chief people officer.

Altair names Gilma Saravia new Chief People Officer

Altair Engineering Inc. (ALTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Altair Engineering Inc. (ALTR) Earnings Expected to Grow: Should You Buy?

Altair Engineering's (ALTR) CEO Jim Scapa on Q3 2019 Results - Earnings Call Transcript

The engineering software and services company reported worse-than-expected earnings and issued a soft forecast.

Why Altair Engineering Stock Got Crushed Today

Altair Engineering Inc. (ALTR) delivered earnings and revenue surprises of -280.00% and -3.11%, respectively, for the quarter ended September 2019.

Altair Engineering Inc. (ALTR) Reports Q3 Loss, Lags Revenue Estimates

Analysts Estimate Altair Engineering Inc. (ALTR) to Report a Decline in Earnings: What to Look Out for

Emerging player in printed circuit board (PCB) software, acquisition helps bridge gap between mechanical and electrical Emerging player in printed circuit board (PCB) software, acquisition helps bridge gap between mechanical and electrical

Altair Acquires Polliwog Co. Ltd, Growing Software Toolset for Electronic Design Automation (EDA)

Former Ford senior executive to lead global technology and IT organization Former Ford senior executive to lead global technology and IT organization

Altair Names Andrea Siudara New Chief Information Officer

Biomimicry 3.8, Sarcos Robotics, NAVAIR and Fiat Chrysler Automobiles Among Featured Keynotes

World-Class Leaders in Business and Technology to Speak at 2019 Global Altair Technology Conference

CEO of Altair Engineering Inc (30-Year Financial, Insider Trades) James Ralph Scapa (insider trades) sold 90,000 shares of ALTR on 09/04/2019 at an average price of $33.54 a share.

Altair Engineering Inc (ALTR) CEO James Ralph Scapa Sold $3 million of Shares

Altair Engineering's (ALTR) CEO Jim Scapa on Q2 2019 Results - Earnings Call Transcript

Altair Engineering Inc. (ALTR) delivered earnings and revenue surprises of -25.00% and -1.09%, respectively, for the quarter ended June 2019.

Altair Engineering Inc. (ALTR) Q2 Earnings and Revenues Miss Estimates

Engineering software company Altair late Thursday missed Wall Street's sales and earnings targets for the second quarter. The Altair earnings report drove ALTR stock down in late trading.

Altair Earnings, Sales Miss Views, ALTR Stock Falls Hard Late

CEO of Altair Engineering Inc (30-Year Financial, Insider Trades) James Ralph Scapa (insider trades) sold 90,000 shares of ALTR on 08/02/2019 at an average price of $40.65 a share.

Altair Engineering Inc (ALTR) CEO James Ralph Scapa Sold $3.7 million of Shares

Altair Engineering (ALTR) is likely to benefit from solid growth in software products during the second quarter. However, incremental costs raise a concern.

Will Software Services Aid Altair in (ALTR) Q2 Earnings?

Altair Engineering Inc. (ALTR) closed at $41.34 in the latest trading session, marking a -0.65% move from the prior day.

Altair Engineering Inc. (ALTR) Stock Moves -0.65%: What You Should Know

Altair Engineering Inc. (ALTR) Reports Next Week: Wall Street Expects Earnings Growth

Altair Engineering Inc. (ALTR) closed the most recent trading day at $42.87, moving +0.8% from the previous trading session.

Altair Engineering Inc. (ALTR) Outpaces Stock Market Gains: What You Should Know

Altair Engineering Inc. (ALTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Altair Engineering Inc. (ALTR) Rating Upgrade to Buy

Is  (ALTR) Outperforming Other Construction Stocks This Year?

News for Altair Engineering Stock (ALTR)