Altair Announces First Quarter 2023 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, 2023
 
(in thousands) Low   High 
Net cash provided by operating activities$117,700  $125,700 
Capital expenditures (9,700)  (9,700)
Free cash flow$108,000  $116,000 

 


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