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ALTR

Altair Engineering Inc.-a

$98.81

Earnings Summary

Revenue
$172.91Mn
Net Profits
$16.55Mn
Net Profit Margins
9.57%
PE Ratio
911.36

Highlights

Revenue:

Altair Engineering Inc.-a’s revenue jumped 4.14% since last year same period to $172.91Mn in the Q1 2024. On a quarterly growth basis, Altair Engineering Inc.-a has generated 0.82% jump in its revenue since last 3-months.

Net Profits:

Altair Engineering Inc.-a’s net profit jumped 944.67% since last year same period to $16.55Mn in the Q1 2024. On a quarterly growth basis, Altair Engineering Inc.-a has generated -15.9% fall in its net profits since last 3-months.

Net Profit Margins:

Altair Engineering Inc.-a’s net profit margin jumped 911.07% since last year same period to 9.57% in the Q1 2024. On a quarterly growth basis, Altair Engineering Inc.-a has generated -16.58% fall in its net profit margins since last 3-months.

PE Ratio:

Altair Engineering Inc.-a’s price-to-earnings ratio after this Q1 2024 earnings stands at 911.36.

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
0.15
EPS Estimate Current Year
0.15

Highlights

EPS Estimate Current Quarter:

Altair Engineering Inc.-a’s earning per share (EPS) estimates for the current quarter stand at 0.15 - a -55.88% 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 0.15.

Key Ratios

Key ratios of the Altair Engineering Inc.-a post its Q1 2024 earnings

Earning Per Share (EPS)
0.4
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.01

Highlights

Earning Per Share (EPS):

Altair Engineering Inc.-a’s earning per share (EPS) jumped 11.11% since last year same period to 0.4 in the Q1 2024. This indicates that the Altair Engineering Inc.-a has generated 11.11% 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 0.01.

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 %
2024-05-02
0.34
0.4
17.65%