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Altair Engineering Inc (ALTR.OQ)

ALTR.OQ on NASDAQ Stock Exchange Global Select Market

37.32USD
24 May 2019
Change (% chg)

$0.31 (+0.84%)
Prev Close
$37.01
Open
$37.02
Day's High
$38.00
Day's Low
$37.02
Volume
87,956
Avg. Vol
72,642
52-wk High
$43.97
52-wk Low
$25.28

Latest Key Developments (Source: Significant Developments)

Altair Announces Agreement To Acquire Datawatch
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Altair Engineering Inc ::ALTAIR ANNOUNCES AGREEMENT TO ACQUIRE DATAWATCH.PROPOSED DEAL FOR $13.10 PER SHARE IN CASH.TRANSACTION WAS UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES.DEAL FOR EQUITY VALUE OF APPROXIMATELY $176 MILLION.FUNDING FOR DEAL WILL COME PRIMARILY FROM CASH, COUPLED WITH UTILIZATION OF BORROWINGS UNDER ALTAIR'S EXISTING CREDIT FACILITY.WILL COMMENCE A TENDER OFFER WITHIN TEN BUSINESS DAYS FOR DATAWATCH COMMON SHARES.AFTER CLOSING OF TENDER OFFER CO'S WHOLLY-OWNED UNIT TO MERGE WITH AND INTO DATAWATCH.  Full Article

Altair Says Has Acquired Germany-Based Fluidyna GMBH
Friday, 11 May 2018 

May 10 (Reuters) - Altair Engineering Inc ::ACQUISITION OF FLUIDYNA ACCELERATES ALTAIR’S COMPUTATIONAL FLUID DYNAMICS TECHNOLOGY.ALTAIR SAYS HAS ACQUIRED GERMANY-BASED FLUIDYNA GMBH, A DEVELOPER OF NVIDIA CUDA AND GPU-BASED COMPUTATIONAL FLUID DYNAMICS.  Full Article

Altair Q4 Loss Per Share $1.03
Thursday, 22 Mar 2018 

March 21 (Reuters) - Altair Engineering Inc ::ALTAIR ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.18.Q4 LOSS PER SHARE $1.03.Q4 REVENUE $89.9 MILLION VERSUS I/B/E/S VIEW $87.6 MILLION.Q4 EARNINGS PER SHARE VIEW $0.06 -- THOMSON REUTERS I/B/E/S.SEES ‍Q1 2018 TOTAL REVENUE $ 86.5 MILLION $ 87.5 MILLION ​.SEES ‍Q1 2018 NON-GAAP NET INCOME $ 1.8 MILLION $ 2.3 MILLION ​.SEES ‍FULL YEAR 2018 TOTAL REVENUE $ 362.0 MILLION $ 366.0 MILLION ​.SEES ‍ FULL YEAR 2018 NON-GAAP NET INCOME $ 18.0 MILLION - $ 20.0 MILLION ​.  Full Article

Altair Reports Q3 GAAP Loss Per Share $0.59
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Altair Engineering Inc ::ALTAIR ANNOUNCES THIRD QUARTER 2017 FINANCIAL RESULTS.Q3 GAAP LOSS PER SHARE $0.59.Q3 REVENUE $84.9 MILLION VERSUS I/B/E/S VIEW $83.1 MILLION.Q3 EARNINGS PER SHARE VIEW $0.04 -- THOMSON REUTERS I/B/E/S.- SEES Q4 TOTAL REVENUE $86.8 MILLION TO $88.4 MLN‍​.Q4 REVENUE VIEW $84.0 MILLION -- THOMSON REUTERS I/B/E/S.- SEES Q4 SOFTWARE PRODUCT REVENUE $66.5 MILLION TO $67.5 MLN‍​.  Full Article

Altair Engineering Class A shares‍​ open 30.8 pct above IPO price in debut
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - :Altair Engineering Class A shares‍​ open at $17 in debut on NASDAQ vs IPO price of $13 per share.  Full Article

Altair Engineering prices IPO of 12 mln Class A shares at $13 per share​
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Altair Engineering Inc ::Altair Engineering Inc. Announces pricing of initial public offering.Altair Engineering Inc says ‍priced its initial public offering of 12 million shares of its Class A common stock at a price of $13.00 per share​.  Full Article

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