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ALTR

Altair Engineering Inc.-a

$80.56

Earnings Summary

Revenue
$171.5Mn
Net Profits
$19.68Mn
Net Profit Margins
11.47%

Highlights

Revenue:

Altair Engineering Inc.-a’s revenue jumped 6.9% since last year same period to $171.5Mn in the Q4 2023. On a quarterly growth basis, Altair Engineering Inc.-a has generated 27.98% jump in its revenue since last 3-months.

Net Profits:

Altair Engineering Inc.-a’s net profit jumped 63.08% since last year same period to $19.68Mn in the Q4 2023. On a quarterly growth basis, Altair Engineering Inc.-a has generated 551.05% jump in its net profits since last 3-months.

Net Profit Margins:

Altair Engineering Inc.-a’s net profit margin jumped 52.55% since last year same period to 11.47% in the Q4 2023. On a quarterly growth basis, Altair Engineering Inc.-a has generated 452.43% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Altair Engineering Inc.-a post its latest quarter earnings

EPS Estimate Current Quarter
0.34
EPS Estimate Current Year
0.34

Highlights

EPS Estimate Current Quarter:

Altair Engineering Inc.-a’s earning per share (EPS) estimates for the current quarter stand at 0.34 - a -17.07% fall from last quarter’s estimates.

EPS Estimate Current Year:

Altair Engineering Inc.-a’s earning per share (EPS) estimates for the current year stand at 0.34.

Key Ratios

Key ratios of the Altair Engineering Inc.-a post its Q4 2023 earnings

Earning Per Share (EPS)
0.46
Return on Assets (ROA)
0
Return on Equity (ROE)
-0.01

Highlights

Earning Per Share (EPS):

Altair Engineering Inc.-a’s earning per share (EPS) jumped 48.39% since last year same period to 0.46 in the Q4 2023. This indicates that the Altair Engineering Inc.-a has generated 48.39% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Altair Engineering Inc.-a’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Altair Engineering Inc.-a’s return on equity (ROE) stands at -0.01.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-08-03
0.14
0.15
7.14%
2024-02-22
0.41
0.46
12.2%
2023-05-04
0.29
0.36
24.14%
2023-11-02
0.04
0.14
250%