Recap: Altair Engineering Q1 Earnings

Altair Engineering ALTR reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Altair Engineering beat estimated earnings by 24.14%, reporting an EPS of $0.36 versus an estimate of $0.29.

Revenue was up $6.25 million from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 12.32% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.19	0.01	0.09	0.30
EPS Actual	0.31	0.05	0.13	0.38
Revenue Estimate	146.20M	117.62M	129.47M	153.97M
Revenue Actual	160.43M	119.35M	132.66M	159.78M

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.

Earnings Calendar