(Unaudited) | |||||||||||||||
Three Months Ending
March 31, 2021 |
Year Ending
December 31, 2021 | ||||||||||||||
(in thousands) | Low | High | Low | High | |||||||||||
Net loss | $ | (5,400 | ) | $ | (4,500 | ) | $ | (44,000 | ) | $ | (38,300 | ) | |||
Income tax expense | 4,300 | 4,400 | 15,200 | 15,500 | |||||||||||
Stock-based compensation expense | 11,900 | 11,900 | 44,500 | 44,500 | |||||||||||
Interest expense | 2,900 | 2,900 | 12,000 | 12,000 | |||||||||||
Depreciation and amortization | 6,300 | 6,300 | 25,400 | 25,400 | |||||||||||
Special adjustments, interest income and other | 4,000 | 5,000 | 4,900 | 6,900 | |||||||||||
Adjusted EBITDA | $ | 24,000 | $ | 26,000 | $ | 58,000 | $ | 66,000 |
Altair Announces Fourth Quarter 2020 Financial Results
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The following table provides a reconciliation of projected Adjusted EBITDA to projected net loss, the most comparable GAAP financial measure:
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