Altair Announces Third Quarter 2024 Financial Results TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), today released its financial results for the third quarter and nine months ended September 30, 2024. Immediately prior to the dissemination of this press release, Altair issued a press release announcing that it has entered into a merger agreement with a subsidiary of Siemens pursuant to which Altair will be acquired and stockholders of Altair will receive cash merger consideration as more fully described in that press release. Third Quarter 2024 Financial Re...
Altair Signs Definitive Agreement with Siemens to be Acquired for $10.6 Billion Altair Stockholders to Receive $113 Per Share in Cash TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has entered into a definitive agreement to be acquired by Siemens, a leading technology company focused on industry, infrastructure, mobility, and healthcare. Altair stockholders will receive $113.00 per share in cash, representing an equity value of approximately $10.6 billion. The $113.00 per share cash consideration re...
A director at Altair Engineering Inc sold 13,000 shares at 102.592USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Altair Announces Date of Third Quarter 2024 Financial Results Conference Call TROY, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the third quarter ended September 30, 2024 after the market close on Wednesday, October 30, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s third quarter 2024 results and fourth quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and accessible...
Altair Responds to Matrix Capital Management Statement on Altair Holdings TROY, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, today responded to a . “In response to today’s announcement from Matrix Capital Management, we appreciate its strong support over the years and its decision to maintain its full position in Altair, recognizing our long-term strategic value,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. About Altair Altair is a global leader in computational intelligence that provides softw...
Altair Announces Second Quarter 2024 Financial Results Altair Exceeds Revenue Expectations for the Second Quarter TROY, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the second quarter and six months ended June 30, 2024. “Altair maintained its strong trajectory during the second quarter, with software revenue and total revenue above the high end of guidance,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. “Our Q2 results underscore the robustness of our soft...
Altair Announces Date of Second Quarter 2024 Financial Results Conference Call TROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and accessible at ....
Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry Flagship product, DSim, is the first-of-its-kind EDA simulation as a service solution TROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design ver...
Altair Added to S&P MidCap 400 TROY, Mich., June 20, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, was added to the S&P MidCap 400 by S&P Dow Jones Indices effective prior to the open of trading on Monday, June 24. “Being added to the S&P 400 represents a significant milestone in Altair's journey as a public company,” said James R. Scapa, founder and chief executive officer, Altair. “It is a testament to our strong and steady growth and our demonstrated leadership in simulation and design, data analytics and AI, and high-performance computing.” ...
Altair to Present at Upcoming Investor Conferences TROY, Mich., May 23, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, today announced that Matt Brown, chief financial officer, will present in a fireside chat at each of the following investor conferences: Event:William Blair Growth Stock ConferenceWhen:Wednesday, June 5, 2024Location:Chicago, ILTime:12:40 p.m. CT (1:40 p.m. ET) Event:Baird Global Consumer, Technology & Services ConferenceWhen:Thursday, June 6, 2024Location:New York, NYTime:11:25 a.m. ET Event:NASDAQ London Investor Conference in...
Altair Announces First Quarter 2024 Financial Results Altair Achieves Record Software Revenue and Total Revenue for the First Quarter TROY, Mich., May 02, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the first quarter ended March 31, 2024. “Altair continued its positive momentum into the start of 2024, with record-high quarterly software revenue and total revenue,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. “The first quarter exceeded our expectations and demonstrates ...
Altair Announces Date of First Quarter 2024 Financial Results Conference Call TROY, Mich., April 18, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the first quarter ended March 31, 2024, after the market close on Thursday, May 2, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s first quarter 2024 results and second quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and accessible at . Wh...
Altair Announces Fourth Quarter and Full Year 2023 Financial Results Record-High Revenue and Profit for the Fourth Quarter and Full Year TROY, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the fourth quarter and full year ended December 31, 2023. "Altair finished 2023 with a strong fourth quarter, notching record-high revenue and profit for the quarter and full-year," said James R. Scapa, founder, chairman and chief executive officer of Altair. "We are seeing strong momentum across a n...
Altair Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference Call TROY, Mich., Feb. 08, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, will release its financial results for the fourth quarter and fiscal year ended December 31, 2023, after the market close on Thursday, February 22, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s fourth quarter and full year 2023 results and 2024 outlook. A recorded version of this webcast will b...
Altair To Host Investor Day on Wednesday, March 20, 2024 TROY, Mich., Feb. 02, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced that it will host an Investor Day on Wednesday, March 20, 2024 in the San Francisco Bay Area from 8 a.m. to noon PT. The Investor Day will showcase how Altair plans to lead a new era of computational intelligence. The agenda will feature presentations by: James R. Scapa, Founder, Chairman, and Chief Executive OfficerSam Mahalingam, Chief Technology OfficerStephanie Buckner, Chief Ope...
Altair Announces Third Quarter 2023 Financial Results Quarterly Software Product Revenue Increased more than 14% Year-Over-Year TROY, Mich., Nov. 02, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today released its financial results for the third quarter and nine months ended September 30, 2023. "The third quarter of 2023 was excellent for Altair, with software product revenue and total revenue again above the high end of guidance," said James Scapa, founder, chairman and chief executive officer of Altair. "Our Q3 perfor...
Altair to Present at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference TROY, Mich., Oct. 31, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced that Matt Brown, chief financial officer, will participate in a fireside chat at the RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference on Tuesday, November 14 at 11:20 a.m. ET. A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations websit...
Altair Announces Date of Third Quarter 2023 Financial Results Conference Call TROY, Mich., Oct. 19, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, will release its financial results for the third quarter ended September 30, 2023, after the market close on Thursday, November 2, 2023. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s third quarter 2023 results and fourth quarter and full year 2023 outlook. A recorded version of this webcast will be available after ...
Altair to Present at the Goldman Sachs Communacopia + Technology Conference TROY, Mich., Aug. 31, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced that James R. Scapa, chairman and chief executive officer, and Matt Brown, chief financial officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on Thursday, September 7 at 8:10 a.m. PT (11:10 a.m. ET). A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations websi...
Altair to Present at the Rosenblatt 3rd Annual Technology Summit TROY, Mich., Aug. 14, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, will participate in a fireside chat at the Rosenblatt 3rd Annual Technology Summit on Wednesday, August 23 at 11 a.m. CT (noon ET). A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations website at . About Altair Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutio...
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