Altair Announces Fourth Quarter 2019 Financial Results

  (Unaudited) 
    Three Months ending
March 31, 2020
    Year Ending
December 31, 2020
 
(in thousands)   Low     High     Low     High  
Net income (loss) $4,900  $6,300  $(4,300) $(1,500)
Income tax expense  4,200   4,800   6,700   7,900 
Stock-based compensation expense  3,200   3,200   15,500   15,500 
Interest expense  2,800   2,800   11,400   11,400 
Depreciation and amortization  5,700       5,700       22,700       22,700  
Interest income and other non-recurring adjustments     (800 )     (800 )     (3,000 )     (3,000 )
Adjusted EBITDA   $ 20,000     $ 22,000     $ 49,000     $ 53,000  
                                 

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