Altair Engineering Inc.(ALTR)

111.85+0.000.00%

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    • Smartkarma
      ·
      2024-03-07

      Altair Engineering: Initiation Of Coverage - Expanded Product Offerings & 3 Key Growth Catalysts!...

      ⬆ $Altair Engineering(ALTR)$ - This is our first report on software provider, Altair Engineering. The fourth quarter of 2023 carried positive momentum for the company with... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/altair-engineering-initiation-of-coverage-expanded-product-offerings-3-key-growth-catalysts-major-drivers?utm_source=tiger_community By Baptista Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/baptista-research?utm_source=tiger_community On Altair Engineering (ALTR):- https://www.smartkarma.com/entities/altair-engineering-inc?utm_source=tiger_community
      Altair Engineering: Initiation Of Coverage - Expanded Product Offerings & 3 Key Growth Catalysts!...
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      AI Earnings
      ·
      2023-08-03

      Altair Engineering Inc.(ALTR) 2023 Earnings Summary

      Bullish Points: 1. Total revenue for Q2 2023 increased to $141.16 million, up from $132.66 million in Q2 2022. 2. Net loss for Q2 2023 decreased to $22.28 million, compared to a net loss of $33.77 million in Q2 2022. 3. Cash and cash equivalents increased to $418.34 million as of June 30, 2023, from $316.15 million as of December 31, 2022. 4. Software revenue increased by 7% for H1 2023 compared to H1 2022, driven by growth in software license revenue. 5. Client engineering services revenue increased by 5% for H1 2023 compared to H1 2022, as customer demand began to stabilize. 6. Billings for the six months ended June 30, 2023, increased to $311,282,000 from $296,759,000 in the same period in 2022. 7. Free Cash Flow for the six months ended June 30, 2023, significantly increased to $83,045
      Altair Engineering Inc.(ALTR) 2023 Earnings Summary
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      zinglee
      ·
      2023-01-05

      3 Great Dividend Stocks You Can Buy for Less Than $50

      At current prices, these dividend payers can be lucrative for long-term investors.Dividends can be an underrated source of income for investors. With so much volatility in the stock market right now, it can be comforting to invest in companies that'll reward you in dividends regardless of how their stock prices perform. Here are three greatdividend stocksyou can buy right now for less than $50.1. AT&TAfter trying to buy its way into the media and entertainment industry, it seems the best thingsAT&T(T2.13%)has done to help its business are admitting defeat and returning to prioritizing its coretelecom business. AT&T took on lots of debt to finance its ambitious plans, which haven't gone so well (its stock is down more than 35% in the past five years).Luckily for investors, the $
      3 Great Dividend Stocks You Can Buy for Less Than $50
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    • Company Profile

      Company Name
      Altair Engineering Inc.
      Market
      NASDAQ
      Establishment Date
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      Employees
      - -
      Office Location
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      Zip Code
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      Phone
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      Fax
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      Introduction
      Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.
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