Altair Announces Third Quarter 2018 Financial Results

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Go back to Altair Announces Third Quarter 2018 Financial Results

Altair Engineering (ALTR) PT Lowered to $38 at Needham & Company

November 9, 2018 8:53 AM EST

Needham & Company analyst Richard Valera lowered the price target on Altair Engineering (NASDAQ: ALTR) to $38.00 (from $40.00) while maintaining a Buy rating.

Valera commented, "ALTR delivered mixed results vs. our estimates as FX, as well as a seemingly non-recurring rev rec issue, adversely impacted... More

Altair Engineering (ALTR) Tops Q3 EPS by 1c

November 8, 2018 4:09 PM EST

Altair Engineering (NASDAQ: ALTR) reported Q3 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $93.9 million versus the consensus estimate of $95.5 million.

GUIDANCE:

Altair Engineering sees Q4 2018 revenue of $98-99 million, versus the consensus of... More