Altair Engineering (ALTR) Tops Q1 EPS by 2c

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Altair Announces First Quarter 2018 Financial Results

May 14, 2018 4:05 PM EDT

TROY, Mich., May 14, 2018 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR) released its financial results for the first quarter ended March 31, 2018.

Altair started 2018 with a strong financial performance highlighted by software product revenue growth of 26% and profitability that exceeded expectations, said James Scapa, Founder, Chairman and CEO.  Our performance in the first quarter reflects good execution, improving market dynamics and the positive impact of the investments... More