Altair Engineering, Inc. (NASDAQ:ALTR) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET

Company Participants

Dave Simon - CAO

Jim Scapa - Founder, Chairman & CEO

Matt Brown - CFO

Conference Call Participants

Blair Abernethy - Rosenblatt

Mark Schappel - Loop Capital

Dylan Becker - William Blair

Operator

Hello. Thank you for standing by, and welcome to the Altair Engineering, Inc. First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Dave Simon, Chief Administrative Officer. Please go ahead.

Dave Simon

Good afternoon. Welcome and thank you for attending Altair's earnings conference call for the first quarter of 2022 ended March 31, 2022. I'm Dave Simon, Chief Administrative Officer of Altair. And with me on the call are Jim Scapa, Founder, Chairman and CEO; and Matt Brown, Chief Financial Officer.

After market closed today, we issued a press release with details regarding our first quarter performance and guidance for the second quarter and full-year 2022, which can be accessed on the Investor Relations section of our website at investor.altair.com. This call is being recorded, and a replay will be available on the IR section of our website following the conclusion of this call.

During today's call, we will make statements related to our business that may be considered forward-looking under federal securities laws. These statements reflect our views only as of today and should not be considered representative of our views as of any subsequent date. We disclaim any obligation to update any forward-looking statements or outlook. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from our expectations. These risks are summarized in the press release that we issued earlier today.

For a further discussion of the material risks and other important factors that could affect our actual results, please refer to those contained in our quarterly and annual reports filed with the SEC as well as other documents that we have filed or may file from time to time.

During the course of today's call, we will refer to certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in our press release.