Altair Announces Fourth Quarter and Full Year 2022 Financial Results

  (Unaudited) 
   Three Months Ended
December 31, 2022
   Three Months Ended December 31, 2021   Increase/
(Decrease) %
 
(in thousands)  As reported   Currency changes   As adjusted for constant currency   As reported   As reported   As adjusted for constant currency 
Software revenue $145.0  $8.5  $153.5  $122.4   18.5%  25.5%
Total revenue $160.4  $9.3  $169.7  $140.8   13.9%  20.6%
Billings $187.9  $8.2   $ 196.1     $ 159.1       18.1 %     23.2 %
Adjusted EBITDA   $ 38.7     $ 3.0     $ 41.7     $ 24.0       61.7 %     73.9 %
                                     
                                     
    (Unaudited)  
    Twelve Months Ended
December 31, 2022
    Twelve Months Ended December 31, 2021     Increase/
(Decrease) %
 
(in thousands)   As reported     Currency changes     As adjusted for constant currency     As reported     As reported     As adjusted for constant currency  
Software revenue   $ 506.5     $ 27.0     $ 533.5     $ 453.7       11.6 %     17.6 %
Total revenue   $ 572.2     $ 29.5     $ 601.7     $ 532.2       7.5 %     13.1 %
Billings   $ 607.6     $ 32.0     $ 639.6     $ 539.9       12.5 %     18.5 %
Adjusted EBITDA   $ 108.6     $ 7.2     $ 115.8     $ 85.3       27.4 %     35.8 %
                                                 

Business Outlook

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalAECCafe Today
by Sanjay Gangal
AEC Industry Predictions for 2025 — vGIS
Sanjay GangalIndustry Predictions
by Sanjay Gangal
AEC Industry Predictions for 2025 — QeCAD
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas Convention Center Las Vegas NV - Jan 7 - 10, 2025
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
Geospatial World Forum 2025 at Madrid Marriott Auditorium Madrid Spain - Apr 22 - 25, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise