Get ready to discover the eagerly anticipated third quarter financial results of Altair Engineering (NASDAQ: ALTR) on Wednesday 30th October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
In accordance with the forecasts of financial specialists on Wall Street, the organization is primed to announce an anticipated $0.16 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $146.65 million for this particular period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $652.58 million. Additionally, they are expecting the company to achieve per share profit of $1.22 for the fiscal year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.14. This figure was attributed to the company's total revenue, which reached an impressive $134 million during that same period.
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ALTR has scheduled a conference call on 30th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Monday's trading saw Altair Engineering (ALTR) shares hit a low of $101.58 and a high of $104.71, with a day volume of 480.50 thousand shares. The stock closed the regular trading session at $102.00, marking 1.39 percent decrease.
