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 :
sales of $510.59 million
of which 46%
was Business Solutions),
ZoomInfo Technologies Inc
of which 99%
was Subscription), and
of which 100%
was Packaged Software).
During the first
quarter of 2021, sales at Altair Engineering Inc totalled
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
December of 2020.
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
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)