Altair Announces Second Quarter 2022 Financial Results

  (Unaudited) 
   Three Months Ended
June 30,
   Six Months Ended
June 30,
 
(in thousands)  2022   2021   2022   2021 
Total operating expense $110,401  $96,557  $217,868  $195,089 
Stock-based compensation expense  (19,170)  (9,426)  (35,881)  (17,916)
Amortization  (6,208)  (4,615)  (12,111)  (9,492)
Gain on mark-to-market adjustment of
contingent consideration
  5,304      5,304    
Restructuring expense     (1,571)     (4,142)
Non-GAAP operating expense $90,327  $80,945   $ 175,180     $ 163,539  

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