Altair Engineering’s Return On Capital Employed Insights
Benzinga Pro data, Altair Engineering (NASDAQ:ALTR) reported Q2 sales of $132.66 million. Earnings fell to a loss of $33.77 million, resulting in a 392.97% decrease from last quarter.
Where Altair Engineering Stands With Analysts
Within the last quarter, Altair Engineering (NASDAQ:ALTR) has observed the following analyst ratings:
‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir
On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.
Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings.
Altair Engineering Q2 EPS $0.13 Beats $0.09 Estimate, Sales $132.66M Beat $129.47M Estimate
Altair Engineering (NASDAQ:ALTR) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.09 by 44.44 percent. This is a 85.71 percent increase over earnings of $0.07 per share from
Earnings Scheduled For August 4, 2022
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• Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.
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During Wednesday's session, 326 stocks hit new 52-week lows.
Court Lifts Final Injunction In Favor of Altair In World Programming Case
Altair (NASDAQ:ALTR), a global leader in computational science and artificial intelligence (AI), paid and fully satisfied the 2019 North Carolina judgment SAS Institute obtained against recently acquired World
Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.