AL

Altair Engineering IncNASDAQ ALTR Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

7.801

Middle

Exchange

XNAS - Nasdaq

ALTR Stock Analysis

AL

Uncovered

Altair Engineering Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

59/100

Moderate score

Market cap $B

7.801

Dividend yield

Shares outstanding

80.138 B

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,000 full-time employees. The company went IPO on 2017-11-01. The firm delivers software and cloud solutions in the areas of simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI). The firm operates through two segments: Software and Client Engineering Services. The Software segment includes software, software services, and software-related services. The software component of this segment includes ITS portfolio of software products, including ITS solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products, Internet of things (IoT) platform and analytics tools as well as support and the complementary software products that offer through its Altair Partner Alliance (APA). The Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise.

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