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) delivered earnings and revenue surprises of -1.89% and 8.42%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

Earnings Snapshot