Reports Q1 revenue $172.9M, consensus $169.28M. “Altair continued its positive momentum into the start of 2024, with record-high quarterly software revenue and total revenue,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. “The first quarter exceeded our expectations and demonstrates the strength of our product portfolio in bringing computational intelligence to our customers.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALTR:
- Altair Acquires Research in Flight, Forging a New Path for Aerodynamic Analysis
- Altair Announces Date of First Quarter 2024 Financial Results Conference Call
- Altair Acquires Cambridge Semantics, Powering Next-Generation Enterprise Data Fabrics and Generative AI
- Altair Engineering acquires Cambridge Semantics, terms not disclosed
- Fly Insider: Xilio, Aerovate among weekâs notable insider trades