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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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