Altair Engineering: Q4 Earnings Insights

Altair Engineering ALTR reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.

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

Altair Engineering beat estimated earnings by 111.11%, reporting an EPS of $0.19 versus an estimate of $0.09.

Revenue was up $7.36 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 1.02% drop in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.01	0.01	0.21
EPS Actual	0.11	0.07	0.31	0.17
Revenue Estimate	113.65M	112.02M	139.40M	115.81M
Revenue Actual	121.31M	119.91M	150.16M	133.44M

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

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