Recap: Altair Engineering Q2 Earnings - Altair Engineering (NASDAQ:ALTR)

Altair Engineering ALTR reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.

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

Altair Engineering beat estimated earnings by 44.44%, reporting an EPS of $0.13 versus an estimate of $0.09.

Revenue was up $12.74 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 4.04% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.30	0.09	0.01	0.01
EPS Actual	0.38	0.19	0.11	0.07
Revenue Estimate	153.97M	127.67M	113.65M	112.02M
Revenue Actual	159.78M	140.80M	121.31M	119.91M

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.