ALTR Stock Recent News

Altair Engineering (ALTR) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago.

Altair provides simulation, data analytics, and high-performance computing solutions but has a history of average growth and efficiency. Despite exposure to AI, Altair's growth is weak, and indicators suggest demand is softening across its markets, presenting significant downside risk. Altair's valuation seems stretched, given its modest growth, average efficiency, and the risk of macro weakness.

TROY, Mich., May 31, 2023 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced that James R. Scapa, chairman and chief executive officer, and Matt Brown, chief financial officer, will participate in a fireside chat at the William Blair Growth Stock Conference on Wednesday, June 7, 2023 at 1:20 p.m. CT (2:20 p.m. ET).

Altair (ALTR) benefits from strategic innovation investments, accretive acquisitions and solid market demand.

Altair Engineering Inc. (NASDAQ:ALTR ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants David Simon - Senior Vice President, Investor Relations Jim Scapa - Founder, Chairman, and Chief Executive Officer Matt Brown - Chief Financial Officer Conference Call Participants Blair Abernethy - Rosenblatt Securities Ahmad Khalil - Oppenheimer Andrew Degasperi - Berenberg Charles Shi - Needham & Company Mark Schappel - Loop Capital Markets Operator Good day, and welcome to Altair's First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only-mode.

TROY, Mich., May 05, 2023 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, will participate in fireside chats at the following investor conferences:

Altair Engineering (ALTR) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.38 per share a year ago.

TROY, Mich., April 20, 2023 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, will release its financial results for the first quarter ended March 31, 2023, after the market close on Thursday, May 4, 2023. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company's first quarter 2023 results and second quarter and full year 2023 outlook. A recorded version of this webcast will be available after the call and accessible at http://investor.altair.com.

Here is how Altair Engineering (ALTR) and Toll Brothers (TOL) have performed compared to their sector so far this year.

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