- Altair Engineering press release ( NASDAQ: ALTR ): Q3 Non-GAAP EPS of $0.05 beats by $0.04 .
- Revenue of $119.35M (-1.6% Y/Y) beats by $1.4M .
- Adjusted EBITDA was $6.8 million compared to $14.8 million for the third quarter of 2021, a decrease of 54.0%. Adjusted EBITDA margin was 5.7% compared to 12.2% for the third quarter of 2021
- Cash provided by operating activities was $8.5 million, compared to $0.9 million for the third quarter of 2021
- Free cash flow was $5.2 million, compared to $(0.5) million for the third quarter of 2021.
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Altair Engineering Non-GAAP EPS of $0.05 beats by $0.04, revenue of $119.35M beats by $1.4M