Altair Announces Third Quarter 2022 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)  2022   2021   2022   2021 
Cost of revenue – software $2,332  $1,411  $6,265  $3,791 
Research and development  10,243   3,894   26,580   11,223 
Sales and marketing  7,806   3,673   22,505   10,800 
General and administrative  2,329   1,955   7,174   5,415 
Total stock-based compensation expense $22,710  $10,933  $62,524  $31,229 

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