(Unaudited) | ||||||||||||||||
Three Months Ending
June 30, 2021 |
Year Ending
December 31, 2021 | |||||||||||||||
(in thousands) | Low | High | Low | High | ||||||||||||
Net loss | $ | (23,700 | ) | $ | (21,800 | ) | $ | (37,600 | ) | $ | (29,800 | ) | ||||
Income tax expense | 3,200 | 3,300 | 10,400 | 10,600 | ||||||||||||
Stock-based compensation expense | 11,100 | 11,100 | 44,200 | 44,200 | ||||||||||||
Interest expense | 3,000 | 3,000 | 12,000 | 12,000 | ||||||||||||
Depreciation and amortization | 6,500 | 6,500 | 24,900 | 24,900 | ||||||||||||
Restructuring expense | 2,000 | 2,000 | 5,300 | 5,300 | ||||||||||||
Special adjustments, interest income and other | (100 | ) | (100 | ) | (200 | ) | (200 | ) | ||||||||
Adjusted EBITDA | $ | 2,000 | $ | 4,000 | $ | 59,000 | $ | 67,000 |
Altair Announces First Quarter 2021 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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