Altair Announces First Quarter 2018 Financial Results

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Altair Engineering (ALTR) PT Raised to $33 at RBC Capital

May 15, 2018 7:31 AM EDT

RBC Capital raised its price target on Altair Engineering (NASDAQ: ALTR) to $33.00 (from $31.00) while maintaining a Sector Perform rating.

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Altair Engineering (ALTR) Tops Q1 EPS by 2c

May 14, 2018 4:09 PM EDT

Altair Engineering (NASDAQ: ALTR) reported Q1 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $91.7 million versus the consensus estimate of $86.9 million.

Altair started 2018 with a strong financial performance highlighted by software product revenuegrowth of 26% and profitability that... More