Altair Announces Third Quarter 2019 Financial Results

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

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2019     2018     2019     2018  
Cost of revenue – software $384  $8  $727  $24 
Research and development  674   175   1,611   330 
Sales and marketing  625   140   1,562   315 
General and administrative  609   240   1,684   544 
Total stock-based compensation expense $2,292    $ 563     $ 5,584     $ 1,213  

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