Altair's best-in-class consulting expertise and AI-powered engineering technology help Motivo deliver superior product designsTROY, Mich., Oct. 15, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is proud to announce its collaboration with Motivo, a product engineering firm focused on translating forward-thinking visions into best-in-class products for clients in the mobility, energy, agriculture technology, and aerospace sectors. Motivo utilizes Altair's unique co ...

Altair Engineering Inc. (ALTR) has announced its involvement in the £5.8 million Performance Integrated Vehicle Optimization Technology (PIVOT) project. Supported by Innovate UK and the Advanced Propulsion Centre (APC), the initiative aims to revolutionize vehicle manufacturing through the development of lighter and more sustainable components, leveraging Altair's advanced artificial intelligence (AI) and simulation technology.Led by Sarginsons Industries, PIVOT brings together industry leaders such as Asto ...

Altair's AI-powered engineering technology to drive the development of 100% recycled cast aluminum structures that weigh up to 30% less and feature 95% less embedded carbon emissionsTROY, Mich., Sept. 25, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has announced its involvement in the £5.8 million Performance Integrated Vehicle Optimization Technology (PIVOT) project, supported by Innovate UK and the Advanced Propulsion Centre (APC). The project aims to revolut ...

Altair Engineering Inc. (ALTR) has entered into a joint development agreement with Oasys, the software house of Arup, to offer an integrated solution for safety simulation modeling.This collaborative approach will provide access to a combined service platform, comprising Altair HyperWorks and Oasys PRIMER, to the automotive market for offering customers an advanced solution for safety modeling. This amalgamated platform is accessible through the Altair HyperWorks environment, through which engineers will be ...

TROY, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today responded to a statement from Matrix Capital Management. “In response to today’s announcement from Matrix Capital Management, we appreciate its strong support over the years and its decision to maintain its full position in Altair, recognizing our long-term strategic value,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. About Altair Altair is a global lead ...

DuPont, BMW M GmbH, Dow Inc., Toyota, General Motors, and others creating sustainable, lightweight futureTROY, Mich., Aug. 6, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has named the winners of the 2024 Altair Enlighten Award. Presented in association with the Center for Automotive Research (CAR), the award honors the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and le ...

Altair Engineering Inc. (NASDAQ:ALTR) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Stephen Palmtag - Head of IR Jim Scapa - Founder, Chairman and CEO Matt Brown - CFO Conference Call Participants Matt Swanson - RBC Blair Abernethy - Rosenblatt Securities Charles Shi - Needham and Company Steve Tusa - JPMorgan Mark Schappel - Loop Capital Markets Dylan Becker - William Blair Operator Good day, and thank you for standing by. Welcome to the Altair Engineering Inc. Q2 2024 Earn ...

Altair Engineering (ALTR) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this company would post earnings of $0.35 per share when it actually produced earnings of $0.40, delivering a surprise of 14.29%.Over the last four quarters, the compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38263 ALTAIR ENGINEERING INC. (Exact name of registrant as specified in its charter) Delaware 38-2591828 (State or other jurisdiction of in ...

Exhibit 99.1 Altair Announces Second Quarter 2024 Financial Results Altair Exceeds Revenue Expectations for the Second Quarter TROY, Mich. – August 1, 2024 – Altair (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the second quarter and six months ended June 30, 2024. "Altair maintained its strong trajectory during the second quarter, with software revenue and total revenue above the high end of guidance," said James R. Scapa, founder, chairman, and chi ...