Altair Announces Third Quarter 2020 Financial Results


Financial Results

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


 (Unaudited) 
  Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
(in thousands, except per share amounts) 2020   2019   2020   2019 
Net loss$(8,505) $(15,939) $(12,698) $(6,040)
Stock-based compensation expense 6,234   2,292   13,939   5,584 
Amortization of intangible assets 3,858   3,545   11,390   10,673 
Special adjustments (1) (950)  1,027   (372)  2,031 
Income tax effect of non-GAAP adjustments (267)  (688)  (929)  (1,103)
Non-GAAP net income (loss)$370  $(9,763) $11,330     $ 11,145  
                               
Net loss per share - diluted $ (0.12 )   $ (0.22 )   $ (0.17 )   $ (0.08 )
Non-GAAP net income (loss) per share - diluted $     $ (0.13 )   $ 0.14     $ 0.14  
                               
GAAP diluted shares outstanding:   73,311       71,770       72,979       71,313  
Non-GAAP diluted shares outstanding:   80,700       77,800       80,700       77,800  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Mechanical Engineer for PTEC Solutions at Fremont, California
Upcoming Events
Esri User Conference 2024 at san diego CA - Jul 15 - 19, 2024
URISA GIS Leadership Academy at Chicago IL - Aug 12 - 16, 2024
Commercial UAV Expo 2024 at Caesars Forum Las Vegas NV - Sep 3 - 5, 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