Benzinga | Aug 5, 2021 04:32PM EDT

Altair Engineering Q2 Adj. EPS $0.07 Beats $0.01 Estimate, Sales $119.90M Beat $112.02M Estimate

Altair Engineering (NASDAQ:ALTR) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.01 by 600 percent. This is a 450 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $119.90 million which beat the analyst consensus estimate of $112.02 million by 7.03 percent. This is a 21.65 percent increase over sales of $98.56 million the same period last year.