Altair Announces Second Quarter 2019 Financial Results

Financial Results

The following table provides a reconciliation of Non-GAAP net income and Non-GAAP diluted income per share to net (loss) income and (loss) income per share – diluted, the most comparable GAAP financial measures:

  (Unaudited) 
    Three Months Ended June 30,     Six Months Ended June 30,  
(in thousands, except per share amounts)   2019     2018     2019     2018  
Net (loss) income $(3,120) $(1,080) $9,899  $23,604 
Stock-based compensation expense  2,080   434   3,292   650 
Amortization of intangible assets  3,600   1,986   7,128   3,926 
Acquisition related deferred revenue (1)  2,250      4,500    
Special adjustments (2)  776   929   1,004   (223)
Income tax effect of non-GAAP adjustments  (1,057)  (124)  (1,827)  (199)
Non-GAAP net income  $ 4,529     $ 2,145     $ 23,996     $ 27,758  
                                 
(Loss) income per share - diluted   $ (0.04 )   $ (0.02 )   $ 0.13     $ 0.32  
Non-GAAP income per share - diluted   $ 0.06     $ 0.03     $ 0.31     $ 0.36  
                                 
GAAP diluted shares outstanding:     71,373       65,580       77,017       72,881  
Non-GAAP diluted shares outstanding:     77,700       77,000       77,700       77,000  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »
Featured Video
Jobs
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Senior Principal Software Engineer for Autodesk at San Francisco, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Equipment Engineer, Raxium for Google at Fremont, California
Principal Engineer for Autodesk at San Francisco, California
Upcoming Events
Intergeo 2024 at Messe Stuttgart Messepiazza 1 Stuttgart Germany - Sep 24 - 26, 2024
GIS-Pro 2024 at Portland ME - Oct 7 - 10, 2024
Geo Sessions 2024 at United States - Oct 22 - 24, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise