STRATASYS LTD
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
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Sep 30, 2024 · Filed Nov 13, 2024
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EX-99.2 · Operating Loss
Operating Loss
Operating loss and operating loss as a percentage of our total revenues were as follows:
| Three Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| U.S.$ in thousands | ||
| Operating loss | $(25,465) | $(42,798) |
| Percentage of revenues | (18.2)% | (26.4)% |
Operating loss amounted to$25.5 million for thethree months ended September 30, 2024, compared to an operating loss of$42.8 million for thethree months ended September 30, 2023. The absolute decrease in the operating loss of$17.3 million was primarily due to the $20.3 million decrease in operating expenses, partially offset by our decrease in gross profit. Thedecrease of operating loss as a percentage of revenues by 8.2%, was attributable to theincrease of our gross margin, partially offset by andecrease in operating expenses as a percentage of revenues, for the reasons described in the discussion of the above line items.
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