Name | Value |
---|---|
Revenues | 148.8M |
Cost of Revenue | 38.1M |
Gross Profit | 110.7M |
Operating Expense | 121.3M |
Operating I/L | -10.7M |
Other Income/Expense | 4.9M |
Interest Income | 5.9M |
Pretax | -5.8M |
Income Tax Expense | -0.6M |
Net Income/Loss | -5.1M |
Altair Engineering Inc. provides software and cloud solutions for simulation, high-performance computing, data analytics, and artificial intelligence globally. The company's Software segment offers a range of software technologies, including solvers, optimization technology products, high-performance computing software applications, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools. The Client Engineering Services segment provides client engineering services. Altair's integrated suite of software optimizes design performance across various disciplines, such as structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company generates revenue through the sale of software products and related services, including consulting, implementation, and training services.