{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-052143","form_type":"8-K","ticker":null,"cik":"0001701732","company_name":"Altair Engineering Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.653940+00:00","generated_at":"2026-06-03T00:39:52.939956+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Altair Q1 2024: record software rev $158.4M, net income $16.5M vs loss, raises guidance","bullets":["Software revenue record $158.4M (+5.9% YoY); total revenue $172.9M (+4.1% YoY).","Net income $16.5M vs net loss $2.0M in Q1 2023; diluted EPS $0.20.","Non-GAAP net income $36.2M (+13.9%); non-GAAP diluted EPS $0.40.","Adjusted EBITDA $45.8M (+6.4%); margin 26.5%. Free cash flow $70.7M.","Q2 2024 guidance: software rev $131-134M; FY24: software rev $590-600M, total rev $652-662M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-052143","json":"https://secwatch.observer/filing/0000950170-24-052143.json","markdown":"https://secwatch.observer/filing/0000950170-24-052143.md","text":"https://secwatch.observer/filing/0000950170-24-052143.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701732/000095017024052143/0000950170-24-052143-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701732/000095017024052143/altr-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:39:52.939956+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d68eb49a8e704725436555dedc602d7c6631ad15","claim":"Altair Engineering Inc. reported first quarter ended March 31, 2024 results: revenue $172.9 million, net income $16.5 million, EPS $0.20 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Total revenue was $172.9 million compared to $166.0 million for the first quarter of 2023, an increase of 4.1% in reported currency and 5.1% in constant currency • Net income was $16.5 million compared to a net loss of $(2.0) million for the first quarter of 2023. Net income per share, diluted was $0.20 based on 89.8 million diluted weighted average common shares outstanding","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701732/000095017024052143/0000950170-24-052143-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$172.9 million"},{"label":"Net income","value":"$16.5 million"},{"label":"EPS","value":"$0.20 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}