Altair Engineering Q2 2024 Adj. EPS $0.16 Beats $0.15 Estimate, Sales $148.795M Beat $146.763M Estimate
Portfolio Pulse from Benzinga Newsdesk
Altair Engineering (NASDAQ:ALTR) reported Q2 2024 adjusted EPS of $0.16, beating the estimate of $0.15. Sales were $148.795M, surpassing the $146.763M estimate. Both EPS and sales showed year-over-year growth.
August 01, 2024 | 8:06 pm
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Altair Engineering reported better-than-expected Q2 2024 earnings and sales, with EPS of $0.16 beating the $0.15 estimate and sales of $148.795M surpassing the $146.763M estimate. Both metrics also showed year-over-year growth.
The better-than-expected earnings and sales figures, along with year-over-year growth, are likely to positively impact ALTR's stock price in the short term.
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