Altair Engineering (ALTR) Tops Q1 EPS by 4c

Altair Engineering (NASDAQ: ALTR) reported Q1 EPS of $0.26, $0.04 better than the analyst estimate of $0.22. Revenue for the quarter came in at $127.9 million versus the consensus estimate of $126.14 million.

GUIDANCE:

Altair Engineering sees Q2 2019 revenue of $108.2-110.2 million, versus the consensus of $113.2 million.

Altair Engineering sees FY2019 revenue of $479-483 million, versus the consensus of $479.92 million.

For earnings history and earnings-related data on Altair Engineering (ALTR) click here.

You May Also Be Interested In

• Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
• CMS targets 15% Medicare lab fee cuts, putting DGX and LH revenue at risk
• Deutsche Bank Upgrades Danone SA (BN:FP) (DANOY) to Hold