Altair Announces Third Quarter 2023 Financial Results


The following table provides revenue, Billings and Adjusted EBITDA on a constant currency basis:

 (Unaudited) 
  Three Months Ended
September 30, 2023
   Three Months Ended September 30, 2022   Increase/
(Decrease) %
 
(in thousands) As reported   Currency changes   As adjusted for constant currency   As reported   As reported   As adjusted for constant currency 
Software revenue$119.1  $(0.3) $118.8  $103.8   14.8%  14.5%
Total revenue$134.0  $(0.4) $133.6  $119.4   12.3%  11.9%
Billings$124.4  $(1.3) $123.1  $122.9   1.2%  0.1%
Adjusted EBITDA$15.5  $1.0  $16.5  $6.8    126.3 %     142.1 %
                                   
                                   
  (Unaudited)  
  Nine Months Ended
September 30, 2023
    Nine Months Ended September 30, 2022     Increase/
(Decrease) %
 
(in thousands) As reported     Currency changes     As adjusted for constant currency     As reported     As reported     As adjusted for constant currency  
Software revenue $ 394.0     $ 7.7     $ 401.7     $ 361.6       9.0 %     11.1 %
Total revenue $ 441.2     $ 8.0     $ 449.2     $ 411.8       7.1 %     9.1 %
Billings $ 435.7     $ 6.5     $ 442.2     $ 419.7       3.8 %     5.4 %
Adjusted EBITDA $ 75.6     $ 4.9     $ 80.5     $ 69.9       8.2 %     15.2 %

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »
Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Business Technology Analyst for Surface Water Management at Everett, Washington
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024



© 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