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Altair Engineering Inc Company Snapshot
Altair Engineering Inc operates in the Computer programming services sector. In addition to historical fundamental analyses, the complete report available to purchase compares Altair Engineering Inc with three other companies in this sector in UNITED STATES : Evertec Inc (2020 sales of $510.59 million of which 46% was Business Solutions), ZoomInfo Technologies Inc ($476.20 million of which 99% was Subscription), and Secureworks Corp ($561.03 million of which 100% was Packaged Software).

Sales Analysis. During the first quarter of 2021, sales at Altair Engineering Inc totalled $150.16 million. This is an increase of 14.2% from the $131.46 million in sales at the company during the first quarter of 2020. There appears to be at least some degree of seasonality in the sales at Altair Engineering Inc: during 4 of the previous 5 years, sales were highest during the fourth quarter. The exception to this was during 2019, when the first quarter was the best quarter, accounting for 28% of sales (during that same year, the fourth quarter accounted for 27% of sales). Altair Engineering Inc reported sales of $469.92 million for the year ending December of 2020. This represents an increase of 2.4% versus 2019, when the company's sales were $458.92 million. Sales at Altair Engineering Inc have increased during each of the previous five years (and since 2015, sales have increased a total of 60%). Sales of Software saw an increase of 4.2% in 2020, from $401.28 million to $418.17 million. Not all segments of Altair Engineering Inc experienced an increase in sales in 2020: sales of All Other fell 14.0% to $7.44 million. (However, this segment's sales were only a very small portion of the company's overall sales). Altair Engineering Inc also experienced decreases in sales in Client Engineering Services (down 9.5% to $44.32 million) .
   
   
 
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Altair Engineering Inc
  Stock Performance Chart for Altair Engineering Inc
 
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): 65.49
(Figures in U.S. Dollars)
1 Week 0.1%   13 Weeks -0.8%  
4 Weeks 8.0%   52 Weeks 76.9%  
 
Altair Engineering Inc Key Data:
  Ticker: ALTR Country: United States
  Exchanges: NAS Major Industry: Software & Services
    Sub Industry: Computer Programming Services
  2020 Sales 469,921,000
(Year Ending Jan 2021).
Employees: 2,700
  Currency: U.S. Dollars Market Cap: 4,917,971,550
  Fiscal Yr Ends: December Shares Outstanding: 75,095,000
  Share Type: Common Closely Held Shares: 30,485,193
 
 
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