Altair Announces Second 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:

      (Unaudited) 
     Year Ending
December 31, 2021
 
(in thousands)      Low   High 
Net cash provided by operating activities     $43,000  $48,000 
Capital expenditures      (9,000)  (9,000)
Free cash flow     $34,000  $39,000 


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