Recap: Altair Engineering Q4 Earnings - Altair Engineering (NASDAQ:ALTR)

Altair Engineering 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.

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.

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.