Altair Announces Second Quarter 2020 Financial Results

  (Unaudited) 
    Three Months Ending
September 30, 2020
    Year Ending
December 31, 2020
 
(in thousands)   Low     High     Low     High  
Net loss $(20,300) $(18,300) $(36,000) $(31,000)
Income tax expense  2,100   2,100   12,000   12,000 
Stock-based compensation expense  7,900   7,900   24,000   24,000 
Interest expense  2,900   2,900   11,400   11,400 
Depreciation and amortization  5,700      5,700       22,700       22,700  
Interest income and other special adjustments     (300 )     (300 )     (1,100 )     (1,100 )
Adjusted EBITDA   $ (2,000 )   $     $ 33,000     $ 38,000  

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