Altair Announces Third Quarter 2021 Financial Results

*        Amounts include stock-based compensation expense as follows (in thousands):

  (Unaudited) 
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2021   2020   2021   2020 
Cost of revenue – maintenance and other services $1,411  $684  $3,791  $1,602 
Research and development  3,894   2,428   11,223   5,686 
Sales and marketing  3,673   1,949   10,800   3,949 
General and administrative  1,955   1,173   5,415   2,702 
Total stock-based compensation expense $10,933  $6,234  $31,229  $13,939 
                            

ALTAIR ENGINEERING INC. AND SUBSIDIARIES

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