Goldman Sachs Downgrades Altair Engineering (ALTR) to Sell

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Altair (ALTR) Tops Q2 EPS by 1c, provides guidance

August 1, 2024 5:22 PM EDT

Altair (NASDAQ: ALTR) reported Q2 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $148.8 million versus the consensus estimate of $146.88 million.

GUIDANCE:

Altair sees Q3 2024 revenue of $145-148 million, versus the consensus of $145.7... More