Altair Announces Fourth Quarter and Full Year 2023 Financial Results



The following table provides revenue, Billings and Adjusted EBITDA on a constant currency basis:

 (Unaudited) 
  Three Months Ended
December 31, 2023
   Three Months Ended December 31, 2022   Increase/
(Decrease) %
 
(in thousands) As reported   Currency changes   As adjusted for constant currency   As reported   As reported   As adjusted for constant currency 
Software revenue$155.9  $(1.3) $154.6  $145.0   7.6%  6.7%
Total revenue$171.5  $(1.5) $170.0  $160.4   6.9%  6.0%
Billings$196.1  $(1.4) $194.7  $187.9   4.4%  3.6%
Adjusted EBITDA$53.6  $0.3  $53.9  $38.7    38.3 %     39.1 %
                                   
                                   
  (Unaudited)  
  Year Ended
December 31, 2023
    Year Ended December 31, 2022     Increase/
(Decrease) %
 
(in thousands) As reported     Currency changes     As adjusted for constant currency     As reported     As reported     As adjusted for constant currency  
Software revenue $ 550.0     $ 6.4     $ 556.4     $ 506.5       8.6 %     9.8 %
Total revenue $ 612.7     $ 6.6     $ 619.3     $ 572.2       7.1 %     8.2 %
Billings $ 631.8     $ 5.1     $ 636.9     $ 607.6       4.0 %     4.8 %
Adjusted EBITDA $ 129.1     $ 5.2     $ 134.3     $ 108.6       18.9 %     23.7 %

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Senior Principal Software Engineer for Autodesk at San Francisco, California



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise