Benzinga | May 6, 2021 05:14PM EDT

Altair Engineering Q1 EPS $0.31 Beats $0.21 Estimate, Sales $150.16M Beat $139.40M Estimate

Altair Engineering (NASDAQ:ALTR) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.21 by 47.62 percent. This is a 93.75 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $150.16 million which beat the analyst consensus estimate of $139.40 million by 7.72 percent. This is a 14.22 percent increase over sales of $131.46 million the same period last year.