| (Unaudited) | |||||||||||||||||||||||
|
Three Months Ended
June 30, 2023 |
Three Months
Ended June 30, 2022 |
Increase/
(Decrease) % | |||||||||||||||||||||
| (in thousands) | As reported |
Currency
changes |
As adjusted for
constant currency | As reported | As reported |
As adjusted for
constant currency | |||||||||||||||||
| Software revenue | $ | 125.3 | $ | 2.6 | $ | 127.9 | $ | 116.9 | 7.2 | % | 9.4 | % | |||||||||||
| Total revenue | $ | 141.2 | $ | 2.7 | $ | 143.9 | $ | 132.7 | 6.4 | % | 8.4 | % | |||||||||||
| Billings | $ | 147.8 | $ | 2.3 | $ | 150.1 | $ | 125.4 | 17.8 | % | 19.6 | % | |||||||||||
| Adjusted EBITDA | $ | 17.1 | $ | 1.4 | $ | 18.5 | $ | 16.4 | 3.7 | % | 12.8 | % | |||||||||||
| (Unaudited) | |||||||||||||||||||||||
|
Six Months Ended
June 30, 2023 |
Six Months
Ended June 30, 2022 |
Increase/
(Decrease) % | |||||||||||||||||||||
| (in thousands) | As reported |
Currency
changes |
As adjusted for
constant currency | As reported | As reported |
As adjusted for
constant currency | |||||||||||||||||
| Software revenue | $ | 275.0 | $ | 7.9 | $ | 282.9 | $ | 257.8 | 6.7 | % | 9.7 | % | |||||||||||
| Total revenue | $ | 307.2 | $ | 8.5 | $ | 315.7 | $ | 292.4 | 5.0 | % | 7.9 | % | |||||||||||
| Billings | $ | 311.3 | $ | 8.6 | $ | 319.9 | $ | 296.8 | 4.9 | % | 7.8 | % | |||||||||||
| Adjusted EBITDA | $ | 60.1 | $ | 3.8 | $ | 63.9 | $ | 63.0 | -4.6 | % | 1.5 | % | |||||||||||
|
Altair Announces Second Quarter 2023 Financial Results
The following table provides revenue, Billings and Adjusted EBITDA on a constant currency basis:
|
|
||||||
|
|
|||||||
|
|||||||
