Altair Announces Second Quarter 2019 Financial Results

Business Outlook

The following table provides a reconciliation of projected Non-GAAP net income 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 
Stock-based compensation expense  2,100   2,100   7,500   7,500 
Amortization of intangible assets  3,800   3,800   15,200   15,200 
Acquisition related deferred revenue(1)  2,250   2,250   9,000   9,000 
Non-recurring adjustments  2,000   2,000   3,000   3,000 
Non-GAAP net income $3,400  $4,700  $45,200  $ 47,800  

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