Business
3 things you might have missed from the Altium (ASX:ALU) half year result
The Altium Limited (ASX: ALU) share price was out of form on Monday following the release of its half year results.
The electronic design software provider’s shares fell 5% to $29.19 after it posted a 3% decline in revenue to US$89.6 million.
The Altium share price has continued its slide today and is down 0.7% to $28.99 at the time of writing.
Three things you might have missed from Altium’s result
While the headline numbers were there for all to see, there were a few items in its result that might have slipped under investors’ radars.
The first thing you might have missed was the meteoric growth of its Altium 365 platform. It reported over 9,300 active monthly users and 4,400 monthly active accounts. This is up 83% and 69%,…
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