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Altair Engineering Inc   (ALTR)
Other Ticker:  
 
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

ALTR's Revenue Growth by Quarter and Year

Altair Engineering Inc 's Revenue results by quarter and year




ALTR Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 160.43 140.80 133.44
III Quarter September - 119.35 121.31 106.46
II Quarter June 140.36 132.66 119.91 98.56
I Quarter March 166.03 159.78 150.16 131.46
FY   306.39 572.22 532.18 469.92



ALTR Revenue second quarter 2023 Y/Y Growth Comment
Altair Engineering Inc reported Revenue growth of 5.81% year on year in the second quarter 2023, to $ 140.36 millions, this is lower than Altair Engineering Inc 's recent average Revenue growth of 7.83%.

Looking into second quarter 2023 results within Software & Programming industry 123 other companies have achieved higher Revenue growth. While Altair Engineering Inc ' s Revenue increase of 5.81% ranks overall at the positon no. 1711 in the second quarter 2023.


ALTR Revenue ( Y/Y Growth %) 2023
 2022 2021 2020
IV Quarter December - 13.94 % 5.52 % 7.72 %
III Quarter September - -1.62 % 13.95 % 6.03 %
II Quarter June 5.81 % 10.63 % 21.66 % -7.69 %
I Quarter March 3.91 % 6.41 % 14.22 % 2.82 %
FY   - 7.52 % 13.25 % 2.4 %

Financial Statements
Altair Engineering Inc 's second quarter 2023 Revenue $ 140.36 millions ALTR's Income Statement
Altair Engineering Inc 's second quarter 2022 Revenue $ 132.66 millions Quarterly ALTR's Income Statement
New: More ALTR's historic Revenue Growth >>


ALTR Revenue (Quarter on Quarter Growth %)

 2023
 2022 2021 2020
IV Quarter December - 34.42 % 16.07 % 25.34 %
III Quarter September - -10.03 % 1.17 % 8.02 %
II Quarter June -15.46 % -16.97 % -20.15 % -25.03 %
I Quarter March 3.49 % 13.48 % 12.53 % 6.12 %
FY (Year on Year)   - 7.52 % 13.25 % 2.4 %


Explore ALTR Customer Growth by Product and Service >> Back to ALTR Growth rate Comparisons >>


Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #124
Technology Sector #282
Overall #1711

Revenue Y/Y Growth Statistics
High Average Low
84.03 % 7.83 % -28.38 %
(Sep. 30, 2010)   (March 31, 2012)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #124
Technology Sector #282
Overall #1711
Revenue Y/Y Growth Statistics
High Average Low
84.03 % 7.83 % -28.38 %
(Sep. 30, 2010)   (March 31, 2012)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Altair Engineering Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
34.42 % 1.99 % -25.03 %
(Dec 31 2022)  


ALTR's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Altair Engineering Inc realized fall in Revenue from the first quarter by -15.46% to $ 140.36 millions, from $ 166.03 millions declared in the previous reporting period.

But that's not big problem, as Revenue generally seem to slow in this quarter.

Within Software & Programming industry 112 other companies have achieved higher Revenue quarter on quarter growth. While Altair Engineering Inc 's Revenue growth quarter on quarter, overall rank is 2626.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #113
Technology Sector #367
Overall #2626
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #113
Technology Sector #367
Overall #2626
Revenue Q/Q Growth Statistics
High Average Low
34.42 % 1.99 % -25.03 %
(Dec 31 2022)  


ALTR's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Altair Engineering Inc disclosed fall in Revenue from the previous quarter by -15.46% to $ 140.36 millions, from $ 166.03 millions achived a quarter before.

As we analyse present downturn at the II. Quarter, we must presume, that commonly II. Quarter performance appear to be sluggish relative to the quarter before, Savannah Cook, a business consultant added.

Within Software & Programming industry 112 other companies have achieved higher Revenue quarter on quarter growth. While Altair Engineering Inc 's Revenue growth quarter on quarter, overall rank is 2626.


Altair Engineering Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)		 12 Months Ending
(Mar 31 2023)		 12 Months Ending
(Dec 31 2022)		 12 Months Ending
(Sep 30 2022)		 12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 586.18 $ 578.47 $ 572.22 $ 552.59 $ 554.54
Y / Y Revenue Growth (TTM) 5.71 % 6.77 % 7.52 % 5.29 % 8.74 %
Year on Year Revenue Growth Overall Ranking # 1605 # 1179 # 1076 # 1178 # 1193
Seqeuential Revenue Change (TTM) 1.33 % 1.09 % 3.55 % -0.35 % 2.35 %
Seq. Revenue Growth (TTM) Overall Ranking # 1773 # 2429 # 2511 # 2682 # 1085

New: More ALTR's historic Revenue Growth >>



Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2023 period, Altair Engineering Inc 's cumulative twelve months Revenue were $ 586 millions, company would post below average annual Revenue growth of 2.35% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Altair Engineering Inc 's Revenue growth from the 166.03% growth in Mar 31 2023.

In the Technology sector 243 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1179 to 1605.

Revenue TTM Q/Q Growth Statistics
High Average Low
3867.23 %
62.44 %
-121.3 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 83
Technology Sector # 244
Overall # 1605

Revenue TTM Y/Y Growth Statistics
High Average Low
3867.23 %
62.44 %
-121.3 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 83
Sector # 230
S&P 500 # 1773
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2023 period, Altair Engineering Inc 's cumulative twelve months Revenue were $ 586 millions, company would post below average annual Revenue growth of -121.3% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Altair Engineering Inc 's Revenue growth from the 166.03% growth in Mar 31 2023.

In the Technology sector 243 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1179 to 1605.

Revenue TTM Q/Q Growth Statistics
High Average Low
3867.23 %
62.44 %
-121.3 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 83
Technology Sector # 244
Overall # 1605

Revenue TTM Y/Y Growth Statistics
High Average Low
3867.23 %
62.44 %
-121.3 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 83
Sector # 230
S&P 500 # 1773




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
ALTR's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for ALTR's Competitors
Revenue Growth for Altair Engineering Inc 's Suppliers
Revenue Growth for ALTR's Customers

You may also want to know
ALTR's Annual Growth Rates ALTR's Profitability Ratios ALTR's Asset Turnover Ratio ALTR's Dividend Growth
ALTR's Roe ALTR's Valuation Ratios ALTR's Financial Strength Ratios ALTR's Dividend Payout Ratio
ALTR's Roa ALTR's Inventory Turnover Ratio ALTR's Growth Rates ALTR's Dividend Comparisons



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