Altair Engineering Inc. (ALTR) Q3 2023 Earnings Call Transcript

Altair Engineering Inc. (NASDAQ:ALTR) Q3 2023 Results Conference Call November 2, 2023 5:00 PM ET

Company Participants

Dave Simon – Senior Vice President-Investor Relations

Jim Scapa – Founder, Chairman, and Chief Executive Officer

Matt Brown – Chief Financial Officer

Conference Call Participants

Charles Shi – Needham & Company

Blair Abernethy – Rosenblatt Securities

Mark Schappel – Loop Capital Markets

Matthew Hedberg – RBC Capital Markets

Arsenije Matovic – Wolfe Research

Ahmad Khalil – Oppenheimer


Good day, ladies and gentlemen. Thank you for standing by. Welcome to Altair’s Third Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please note that today’s conference will be recorded.

I will now hand the conference over to your speaker host for today, Dave Simon, Senior Vice President of Investor Relations. Please go ahead.

Dave Simon

Good afternoon. Welcome, and thank you for attending Altair’s earnings conference call for the third quarter 2023, ended September 30, 2023. I’m Dave Simon, Altair’s SVP for Investor Relations, and with me on the call are Jim Scapa, Founder, Chairman and CEO; and Matt Brown, Chief Financial Officer.

After market close today, we issued a press release with details regarding our third quarter 2023 performance and guidance for the fourth quarter and full year 2023, which can be accessed on the Investor Relations section of our website at This call is being recorded and a replay will be available on the IR section of our website following the conclusion of this call.

During today’s call, we will make statements related to our business that may be considered forward-looking under federal securities laws. These statements reflect our views only as of today and should not be considered representative of our views as

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