Benzinga | Feb 25, 2021 04:42PM EST

Altair Eng Q4 Adj. EPS $0.17 Up From $0.09 YoY, Sales $133.40M Beat $115.81M Estimate; Sees Q1 Adj. EBITDA $24M-$26M, Sales $138M-$140M vs $134.7M Est.

Altair Eng (NASDAQ:ALTR) reported quarterly earnings of $0.17 per share. This is a 88.89 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $133.40 million which beat the analyst consensus estimate of $115.81 million by 15.19 percent. This is a 7.69 percent increase over sales of $123.88 million the same period last year.