(Unaudited) | ||||||||||||
Year Ending
December 31, 2021 | ||||||||||||
(in thousands) | Low | High | ||||||||||
Net cash provided by operating activities | $ | 49,600 | $ | 52,600 | ||||||||
Capital expenditures | (8,600 | ) | (8,600 | ) | ||||||||
Free cash flow | $ | 41,000 | $ | 44,000 | ||||||||
![](https://ml.globenewswire.com/media/ZGJkYzEyZjgtZWZlNi00OGM5LTg0YzUtYTNkZDI5YTNhNjM1LTEwOTM3Njg=/tiny/Altair-Engineering-Inc-.png)
Altair Announces Third Quarter 2021 Financial Results
The following table provides a reconciliation of projected Free Cash Flow to projected net cash provided by operating activities, the most comparable GAAP financial measure:
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