Altair Announces Third Quarter 2024 Financial Results

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

 (Unaudited)  
  Three Months Ended
September 30, 2024
   Three Months Ended
September 30, 2023
   Increase/
(Decrease) %
  
(in thousands) As reported   Currency
changes
   As adjusted for
constant
currency
   As reported   As reported   As adjusted for
constant
currency
  
Software revenue$138.7  $(0.3) $138.4  $119.1   16.5%  16.2% 
Total revenue$151.5  $(0.4) $151.1  $134.0   13.0%  12.8% 
Billings$139.8  $(0.1) $139.7  $124.4   12.4 %     12.3 %  
Adjusted EBITDA $ 25.7     $ (0.1 )   $ 25.6     $ 15.5       66.3 %     65.5 %  
   
 
  Nine Months Ended
September 30, 2024
    Nine Months Ended
September 30, 2023
    Increase/
(Decrease) %
   
(in thousands) As reported     Currency
changes
    As adjusted for
constant
currency
    As reported     As reported     As adjusted for
constant
currency
   
Software revenue $ 432.5     $ 4.4     $ 436.9     $ 394.0       9.8 %     10.9 %  
Total revenue $ 473.2     $ 4.6     $ 477.8     $ 441.2       7.2 %     8.3 %  
Billings $ 448.5     $ 4.5     $ 453.0     $ 435.7       2.9 %     4.0 %  
Adjusted EBITDA $ 88.9     $ 3.3     $ 92.2     $ 75.6       17.6 %     22.0 %  

Primary Logo



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12             
Featured Video
Jobs
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Engineer 3 for Lam Research at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
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