Altair Announces First Quarter 2020 Financial Results
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Altair Engineering (ALTR) Tops Q1 EPS by 2c; Guides Below
May 7, 2020 5:02 PM EDTAltair Engineering (NASDAQ: ALTR) reported Q1 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $131.5 million versus the consensus estimate of $128.86 million.
We are pleased to report a strong first quarter with revenue above our guidance range and financial performance at the high end of our expectations, despite challenging market conditions as a result of COVID-19, said James Scapa, Founder, Chairman and Chief Executive Officer of Altair. We... More
