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
Editorial
Jobs
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Aras ACE 2025 at United States - Mar 31 - 3, 2025
AeroDef Manufacturing 2025 at Huntington Place Detroit MI - Apr 8 - 10, 2025
RAPID + TCT 2025 at Huntington Place Detroit MI - Apr 8 - 10, 2025
Western Manufacturing Technology Show 2025 at Edmonton Expo Center Edmonton, AB Canada - Apr 9 - 11, 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