Altair Engineering shares have climbed slightly more than 2% since the beginning of the year, while the S&P's 500 index has risen 4%. In the final minutes of trading on Thursday, shares hit $111.78, an increase of 27% in the last 12 months.

Altair Engineering (ALTR) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.

Earnings Snapshot