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
Editorial
Latest Blog Posts
Sanjay GangalMCADCafe Editorial
by Sanjay Gangal
MCADCafe Industry Predictions for 2025 – ProShop
Sanjay GangalMCADCafe Editorial
by Sanjay Gangal
MCADCafe Industry Predictions for 2025 – ModuleWorks
Jobs
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Collaborate North America 2025 at Novi MI - Jan 28, 2025
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025



© 2025 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise