MARKET COMPOSITE
ALTR - Altair Engineering Inc7:59:46 PM 4/19/2024
Price
$82.36
+ 1.59 (1.97%)
Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan. They provide product design and engineering, enterprise services, data analytics, IoT and cloud computing. Altair was founded by James R Scapa, George Christ, and Mark Kistner in 1985. Altair Engineering is the creator of the HyperWorks suite of CAE software products. Altair is divided into several business divisions, a few are Product Design , HyperWorks CAE Software , SmartWorks , Knowledge Works and PBS Works
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue171.5MM+28%
Gross Profit142.3MM+36%
Cost Of Revenue29.2MM+0%
Operating Income22.6MM-301%
Operating Expenses119.7MM+3%
Net Income19.7MM-551%
R&D52.5MM+2%
G&A17.1MM-1%
Marketing43.6MM-1%
Amortization7.7MM+0%
Interest Expense1.5MM+0%
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