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Altair Engineering Inc
Previous close
$103.72
Day range
$103.51 - $104.00
Year range
$68.87 - $113.12
Market cap
8.83B USD
Avg Volume
1.24M
P/E ratio
262.53
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 151.45M | 13.02% |
Operating expense | 125.75M | 5.07% |
Net income | 1.78M | 140.78% |
Net profit margin | 1.17 | 135.89% |
Earnings per share | 0.24 | 71.43% |
EBITDA | 7.25M | 245.57% |
Effective tax rate | 65.31% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 513.37M | 19.06% |
Total assets | 1.38B | 10.05% |
Total liabilities | 540.97M | -12.45% |
Total equity | 836.90M | — |
Shares outstanding | 85.08M | — |
Price to book | 10.53 | — |
Return on assets | -0.79% | — |
Return on capital | -1.00% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 1.78M | 140.78% |
Cash from operations | 14.55M | -11.44% |
Cash from investing | -21.27M | -308.06% |
Cash from financing | 9.24M | 132.88% |
Net change in cash | 6.37M | -49.55% |
Free cash flow | 12.99M | 232.23% |
About
Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan. It provides software and cloud solutions for simulation, IoT, high performance computing, data analytics, and artificial intelligence. Altair Engineering is the creator of the HyperWorks CAE software product, among numerous other software packages and suites. The company was founded in 1985 and went public in 2017. It was traded on the Nasdaq stock exchange under the stock ticker symbol ALTR. In 2024, it has been acquired by Siemens for $10.6 billion. Altair develops and provides software and cloud services for product development, high-performance computing, simulation, artificial intelligence, and data intelligence. Wikipedia
Founded
1985
Website
Employees
3,400
