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Altair Engineering

ALTR · NASDAQ

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About ALTR

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,300 full-time employees. The company went IPO on 2017-11-01. The company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The company operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. The company also offers strategic consulting and training in AI and data analytics.

Employees
3,300
Headquarters
Troy, Michigan
Listed
Nov 1, 2017
Sector
Information Technology
Industry
Software
Website
altair.com

ALTR key statistics

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ALTR earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 8 of the last 8 quarters, by 44.6% on average.

  1. Q1 FY23: reported $0.36 per share against an estimate of $0.2925
  2. Q2 FY23: reported $0.15 per share against an estimate of $0.1401
  3. Q3 FY23: reported $0.14 per share against an estimate of $0.0397
  4. Q4 FY23: reported $0.46 per share against an estimate of $0.417
  5. Q1 FY24: reported $0.40 per share against an estimate of $0.3502
  6. Q2 FY24: reported $0.16 per share against an estimate of $0.1561
  7. Q3 FY24: reported $0.24 per share against an estimate of $0.164
  8. Q4 FY24: reported $0.52 per share against an estimate of $0.5185

ALTR news

  • Press releasePRNewswire

    Cava Group Set to Join S&P MidCap 400 and Angi to Join S&P SmallCap 600

  • Press releasePRNewswire

    Altair and JetZero Join Forces to Propel Aerospace Innovation

  • Press releasePRNewswire

    Altair One® Cloud Innovation Gateway Achieves Seamless Integration with NVIDIA Omniverse Blueprint for Real-Time Digital Twins

  • Press releasePRNewswire

    Altair to Showcase Leading AI, Simulation, and HPC Technologies at Hannover Messe 2025

  • Press releasePRNewswire

    Altair Joins the Piedmont Aerospace Cluster

  • Press releasePRNewswire

    Altair Releases Altair® HyperWorks® 2025

  • Press releasePRNewswire

    Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation

  • Press releasePRNewswire

    Altair Announces Future.Industry 2025 Global Event

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