2023-08-03 16:32:40 ET
- Altair Engineering press release ( NASDAQ: ALTR ): Q2 Non-GAAP EPS of $0.15 beats by $0.01 .
- Revenue of $141.2M (+6.4% Y/Y) beats by $2.18M .
- Adjusted EBITDA was $17.1 million compared to $16.4 million for the second quarter of 2022, an increase of 3.7%. Adjusted EBITDA margin was 12.1% compared to 12.4% for the second quarter of 2022
- Cash provided by operating activities was $30.0 million, compared to $12.3 million for the second quarter of 2022
- Free cash flow was $25.6 million, compared to $11.0 million for the second quarter of 2022.
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Altair Engineering Non-GAAP EPS of $0.15 beats by $0.01, revenue of $141.2M beats by $2.18M