Altair Announces Third Quarter 2024 Financial Results

*        Amounts include stock-based compensation expense as follows (in thousands):

 (Unaudited)  
  Three Months Ended
September 30,
   Nine Months Ended
September 30,
  
(in thousands) 2024   2023   2024   2023  
Cost of revenue – software$2,131  $2,468  $6,230  $7,792  
Research and development 6,378   7,824   19,356   26,510  
Sales and marketing 5,176   6,933   14,675   22,105  
General and administrative 3,671   3,301   10,449   10,016  
Total stock-based compensation expense $ 17,356     $ 20,526     $ 50,710     $ 66,423    
   



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