Altair Engineering Past Earnings Performance
Past criteria checks 0/6
Altair Engineering's earnings have been declining at an average annual rate of -42.7%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 8.3% per year.
Key information
-42.7%
Earnings growth rate
-41.2%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 8.3% |
| Return on equity | -1.3% |
| Net Margin | -1.5% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Altair Engineering (NASDAQ:ALTR) Might Be Having Difficulty Using Its Capital Effectively
Apr 09
There's Reason For Concern Over Altair Engineering Inc.'s (NASDAQ:ALTR) Price
Mar 17Altair Engineering: Strong Tailwinds To Drive Growth With Potential Downside Protection
Mar 14Health Check: How Prudently Does Altair Engineering (NASDAQ:ALTR) Use Debt?
Feb 18Altair Engineering: Navigating Through Simulation And Innovation
Jan 12Getting In Cheap On Altair Engineering Inc. (NASDAQ:ALTR) Is Unlikely
Dec 18Does Altair Engineering (NASDAQ:ALTR) Have A Healthy Balance Sheet?
Nov 11Estimating The Fair Value Of Altair Engineering Inc. (NASDAQ:ALTR)
Oct 06What Does Altair Engineering Inc.'s (NASDAQ:ALTR) Share Price Indicate?
Sep 18Is Altair Engineering (NASDAQ:ALTR) Using Too Much Debt?
Aug 07Revenues Not Telling The Story For Altair Engineering Inc. (NASDAQ:ALTR)
Jul 11Is Altair Engineering Inc. (NASDAQ:ALTR) Potentially Undervalued?
May 05Is Altair Engineering (NASDAQ:ALTR) Using Debt Sensibly?
Apr 08Is There Now An Opportunity In Altair Engineering Inc. (NASDAQ:ALTR)?
Jan 02Altair Engineering (NASDAQ:ALTR) Has Debt But No Earnings; Should You Worry?
Dec 11We Like These Underlying Return On Capital Trends At Altair Engineering (NASDAQ:ALTR)
Oct 24Altair to acquire data analytics firm RapidMiner
Sep 13Is There An Opportunity With Altair Engineering Inc.'s (NASDAQ:ALTR) 34% Undervaluation?
Aug 26Altair Engineering: Sales Grow, Earnings Slow
Aug 23Is Altair Engineering (NASDAQ:ALTR) A Risky Investment?
Aug 08Altair Engineering Non-GAAP EPS of $0.13 beats by $0.04, revenue of $132.66M beats by $3.29M
Aug 04Altair, LG Electronics collaborate to accelerate digital transformation
Jul 11There Are Reasons To Feel Uneasy About Altair Engineering's (NASDAQ:ALTR) Returns On Capital
Jul 10Altair Engineering: Sales Grow, Earnings Fall
May 18Revenue & Expenses BreakdownBeta
How Altair Engineering makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 613 | -9 | 247 | 213 |
| 30 Sep 23 | 602 | -17 | 265 | 195 |
| 30 Jun 23 | 587 | -45 | 263 | 197 |
| 31 Mar 23 | 578 | -57 | 259 | 192 |
| 31 Dec 22 | 572 | -43 | 236 | 203 |
| 30 Sep 22 | 553 | -57 | 236 | 189 |
| 30 Jun 22 | 555 | -32 | 229 | 172 |
| 31 Mar 22 | 542 | -12 | 225 | 161 |
| 31 Dec 21 | 532 | -9 | 208 | 167 |
| 30 Sep 21 | 525 | -5 | 216 | 148 |
| 30 Jun 21 | 510 | -6 | 211 | 143 |
| 31 Mar 21 | 489 | -2 | 202 | 132 |
| 31 Dec 20 | 470 | -10 | 198 | 126 |
| 30 Sep 20 | 460 | -14 | 193 | 122 |
| 30 Jun 20 | 454 | -22 | 192 | 121 |
| 31 Mar 20 | 463 | -15 | 192 | 121 |
| 31 Dec 19 | 459 | -8 | 188 | 118 |
| 30 Sep 19 | 438 | -15 | 190 | 113 |
| 30 Jun 19 | 424 | 2 | 180 | 107 |
| 31 Mar 19 | 411 | 4 | 171 | 102 |
| 31 Dec 18 | 396 | 16 | 160 | 98 |
| 30 Sep 18 | 383 | -36 | 152 | 96 |
| 30 Jun 18 | 381 | -66 | 167 | 99 |
| 31 Mar 18 | 370 | -73 | 171 | 97 |
| 31 Dec 17 | 333 | -102 | 168 | 93 |
| 30 Sep 17 | 326 | -33 | 156 | 87 |
| 30 Jun 17 | 319 | -3 | 137 | 79 |
| 31 Mar 17 | 315 | 6 | 127 | 74 |
| 31 Dec 16 | 313 | 10 | 123 | 71 |
| 31 Dec 15 | 294 | 11 | 117 | 63 |
Quality Earnings: ALTR is currently unprofitable.
Growing Profit Margin: ALTR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ALTR is unprofitable, and losses have increased over the past 5 years at a rate of 42.7% per year.
Accelerating Growth: Unable to compare ALTR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ALTR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.4%).
Return on Equity
High ROE: ALTR has a negative Return on Equity (-1.25%), as it is currently unprofitable.