Altair Announces Second Quarter 2019 Financial Results

(1) Adjustment for revenue not recognized under GAAP due to acquisition accounting adjustments associated with the accounting for deferred revenue in significant business combinations.

 
The following table provides a reconciliation of projected Adjusted EBITDA and Modified Adjusted EBITDA to projected net (loss) income, the most comparable GAAP financial measure:
 
  (Unaudited)
    Three Months ending
September 30, 2019
    Year Ending
December 31, 2019
(in thousands)   Low     High     Low   High
Net (loss) income $(6,750) $(5,450) $10,500 $13,100
Income tax (benefit) expense  (3,600)  (2,900)  5,700  7,100
Stock-based compensation expense  2,100   2,100   7,500  7,500
Interest expense  2,700   2,700   6,400  6,400
Depreciation and amortization  5,300   5,300   22,000  22,000
Interest income and other non-recurring adjustments  1,000   1,000   900  900
Adjusted EBITDA  750   2,750   53,000  57,000
Acquisition related deferred revenue (1)     2,250       2,250       9,000     9,000
Modified Adjusted EBITDA   $ 3,000     $ 5,000     $ 62,000   $ 66,000

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article

SolidCAM - Learn More

Featured Video
Editorial
Jobs
Mechanical Designer for TechnipFMC at Houston,, Texas
ROV Pilot II for TechnipFMC at Houston,, Texas
Geographic Information System Analyst II for State of Idaho at Boise, Idaho
GIS Analyst #14713 for State of Missouri at Jefferson City,, Missouri
Upcoming Events
Realize LIVE 2020 at United States - Jun 23 - 24, 2020
Robotics Summit & Expo at Seaport World Trade Center 1 Seaport Lane Boston MA - Sep 24 - 25, 2020
DEVELOP 3D Live 2020 New Date November 3rd at Sheffield University ctagon and INOX Building, Durham Road Sheffield United Kingdom - Nov 3, 2020
Digital Twin 2020 - Now in November 2020 at Melbourne FL - Nov 4 - 5, 2020
Kenesto: 30 day trial
MasterCAM



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise