Altair Engineering Inc. Class A Common Stock (ALTR)
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About
Business overview of Altair Engineering Inc. Class A Common Stock (ALTR)
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Key Insights
Critical company metrics and information
Share Price
$105.81Market Cap
$9.01 BillionTotal Outstanding Shares
59.78 Million SharesTotal Employees
3,200Dividend
No dividendIPO Date
November 1, 2017SIC Description
Services-prepackaged SoftwareHomepage
https://www.altair.com
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $138.21 Million |
| Net Cash Flow From Operating Activities | $138.21 Million |
| Net Cash Flow From Investing Activities | $-42.63 Million |
| Net Cash Flow | $82.02 Million |
| Net Cash Flow From Investing Activities, Continuing | $-42.63 Million |
| Exchange Gains/Losses | $4.55 Million |
| Net Cash Flow From Financing Activities | $-18.10 Million |
| Net Cash Flow, Continuing | $77.47 Million |
| Net Cash Flow From Financing Activities, Continuing | $-18.10 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit | $19.68 Million |
| Net Income/Loss | $32.85 Million |
| Diluted Average Shares | $176.21 Million |
| Revenues | $644.66 Million |
| Basic Earnings Per Share | $0.41 |
| Costs And Expenses | $592.12 Million |
| Interest Expense, Operating | $6.03 Million |
| Gross Profit | $524.06 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0.00 |
| Benefits Costs and Expenses | $592.12 Million |
| Research and Development | $216.53 Million |
| Nonoperating Income/Loss | $29.26 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0.00 |
| Diluted Earnings Per Share | $0.40 |
| Other Operating Expenses | $278.22 Million |
| Operating Income/Loss | $29.31 Million |
| Income/Loss From Continuing Operations Before Tax | $52.54 Million |
| Preferred Stock Dividends And Other Adjustments | $0.00 |
| Cost Of Revenue | $120.60 Million |
| Operating Expenses | $494.75 Million |
| Income/Loss From Continuing Operations After Tax | $32.85 Million |
| Net Income/Loss Attributable To Parent | $32.85 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $32.85 Million |
| Basic Average Shares | $168.32 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $3.61 Million |
| Noncurrent Assets | $690.87 Million |
| Liabilities | $540.97 Million |
| Intangible Assets | $84.90 Million |
| Other Current Liabilities | $163.00 Million |
| Equity | $836.90 Million |
| Fixed Assets | $40.91 Million |
| Current Liabilities | $210.11 Million |
| Assets | $1.38 Billion |
| Noncurrent Liabilities | $330.86 Million |
| Wages | $43.50 Million |
| Liabilities And Equity | $1.38 Billion |
| Other Non-current Assets | $565.06 Million |
| Equity Attributable To Noncontrolling Interest | $0.00 |
| Current Assets | $687.00 Million |
| Equity Attributable To Parent | $836.90 Million |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||
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