What does Altair Engineering, Inc. do?

Jun 22 2025 06:30 PM IST
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Altair Engineering, Inc. is a technology company specializing in software and cloud solutions for product design, performance computing, and data analytics. As of December 2024, it reported net sales of $193 million and a market cap of approximately $6.76 billion.
Overview:
Altair Engineering, Inc. is a technology company that provides software and cloud solutions in the packaged software industry, focusing on product design and development, performance computing, and data analytics.

Financial Snapshot:
Most recent Net Sales: 193 Million (Quarterly Results - Dec 2024)
Most recent Net Profit: 1 Million (Quarterly Results - Dec 2024)
Market-cap: USD 6,755.88 Million (Mid Cap)

Key Metrics:
P/E: 472.00
Dividend Yield: 135.88%
Debt Equity: -0.38
Return on Equity: 1.67%
Price to Book: 7.88

Contact Details:
Address: 1820 E Big Beaver Rd, TROY MI: 48083-2031
Tel: 1 248 6142400
Fax: 1 248 6142411
Website: https://www.altair.com/
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