Exhibit 99.1 STRATASYS LTD. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 (UNAUDITED) 1 STRATASYS LTD. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (Unaudited) INDEX TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 (UNAUDITED) | Item | Page | | --- | --- | | Consolidated Balance Sheets | 3 | | Consolidated Statements of Operations and Comprehensive Loss | 4 | | Consolidated Statem ...

Financial Data and Key Metrics - Consolidated revenue for Q3 2024 was $140 million, down from $162.1 million in Q3 2023, primarily due to softness in capital equipment spending [25] - Product revenue was $94.1 million, compared to $113.2 million in the same period last year, with system revenue at $31.7 million, down from $51.5 million in Q3 2023 [26] - Consumables revenue grew 1% to $62.4 million, marking the eighth consecutive quarter of year-over-year growth [27] - Service revenue, including Stratasys Direct, was $45.9 million, down from $48.9 million in Q3 2023 [28] - GAAP gross margin expanded to 44.8% in Q3 2024, up from 40.5% in Q3 2023, while non-GAAP gross margin grew to 49.6%, the highest since Q4 2019 [29] - GAAP operating loss was $25.5 million, an improvement from a loss of $42.8 million in Q3 2023, while non-GAAP operating loss was $0.1 million, compared to operating income of $4.1 million in Q3 2023 [31] - GAAP net loss for Q3 2024 was $26.6 million, or $0.37 per diluted share, compared to a net loss of $47.3 million, or $0.68 per diluted share, in Q3 2023 [32] - Adjusted EBITDA was $5.1 million, down from $9.8 million in Q3 2023 [32] - Cash utilization improved, with $4.5 million used in operations during Q3 2024, compared to $12.7 million in Q3 2023 [33] Business Line Performance - The F3300 industrial platform generated significant interest and orders, with shipments to key customers in automotive, aerospace, and defense sectors [16] - The Origin 2 printer and Origin Cure post-processing system were launched, targeting industries like connectors where manufacturing costs are high [17] - The Neo Build Processor for investment casting was introduced, offering up to 50% faster file processing and enhanced print speeds [18] - TrueDent solution in dental continued to gain traction, with plans to expand into EMEA and APAC regions [89][90] Market Performance - The company maintained a strong presence in key industries such as automotive, aerospace, defense, medical devices, and dental [9][10] - The F3300 platform was showcased at the International Manufacturing Technology Show, generating interest from leading companies in automotive, aerospace, and defense [16] - The company is focusing on high-growth target industries that benefit from megatrends like supply chain risks, onshoring, new mobility, and sustainability [15] Strategic Direction and Industry Competition - The company is focusing on targeted innovation across materials, knowledge, and workflow solutions in high-growth industries [15] - A $50 million share repurchase plan was approved and executed, reflecting the company's commitment to maximizing shareholder value [19] - The company implemented a restructuring plan, including a 15% workforce reduction, to align operational costs with current market dynamics and achieve $40 million in annual cost savings [20][21] - The company is positioning itself to benefit from megatrends like onshoring, localization of manufacturing, and digitalization of manufacturing [58][71] Management Commentary on Operating Environment and Future Outlook - The company expects full-year 2024 revenue to range between $570 million to $580 million, with improved gross margins and profitability [35] - The company anticipates achieving an 8% EBITDA margin in 2025, even without revenue growth, and potentially reaching a 10% EBITDA margin with moderate revenue growth [36] - Management highlighted the resilience of the company's operating model and the ability to deliver improved profitability despite challenging market conditions [24][38] Other Important Information - The company launched new products like the F3300, Origin 2, and Neo Build Processor, which are expected to drive future growth [16][17][18] - The company is focusing on expanding its software offerings, which are expected to drive high-margin revenues in the coming years [11] - The company is committed to delivering increased profitability and cash flow in 2025, with a focus on maintaining a strong balance sheet [21][38] Q&A Session Summary Question: Implied Q4 revenue guidance and EPS expectations [41] - The company clarified that Q4 EPS is expected to be in the range of $0.08 to $0.12, driven by cost-saving initiatives [42][44] Question: Year-over-year improvement in Q4 and outlook for Q1 [45] - The company noted that Q4 is typically strong due to seasonality, but it is too early to provide guidance for Q1 2025 [46] Question: Concerns about consumables growth [48] - Management emphasized the stability of the recurring revenue model and the growing installed base, which supports continued consumables growth [49][50] Question: Workforce reduction and restructuring progress [52] - The company confirmed that the restructuring plan is ahead of schedule, with significant savings expected in Q4 [53][87] Question: Impact of macro factors on demand [56] - Management highlighted that the current macro environment, including high capital costs, is delaying customer investment in new technologies, but pent-up demand remains strong [57][58] Question: Gross margin guidance for Q4 [61] - The company expects Q4 gross margin to be slightly higher than Q3, driven by a mix of hardware and consumables sales [62][63] Question: Share repurchase program [64] - The company has started buying back shares in Q4 and will provide updates in the Q4 results [65] Question: F3300 rollout progress [68] - The F3300 platform is performing well, with shipments to key customers like Toyota and BAE Systems, and a strong pipeline of orders [69] Question: Impact of onshoring and US manufacturing focus [70] - The company sees onshoring and localized manufacturing as tailwinds, particularly in industries like aerospace and defense [71] Question: Demand trends for new product lines [74] - Demand for new products like Origin 2 and Neo remains strong, but sales cycles are longer due to the macro environment [75][77] Question: Additional cost-saving opportunities [79] - The company is focused on completing non-headcount-related cost-saving initiatives, with significant savings expected in Q4 [80][81] Question: TrueDent milestones [85] - The company plans to expand TrueDent into EMEA and APAC regions and increase penetration in clinics, with key milestones expected in 2025 [89][90] Question: Early signs of recovery in end markets [94] - Management noted that government and defense, aerospace, and automotive tooling are showing early signs of recovery, while other verticals remain cautious [95] Question: Revenue contribution from GrabCAD Print Pro [96] - The company is seeing significant growth in software revenue, with high gross margins and strong customer attachment rates [97][99]

| --- | --- | --- | --- | |--------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Q3 2024 | | | | | Results | | | | | Speakers | | | | | Dr. Yoav Zeif, CEO | | | | | Eitan Zamir, CFO | | | | | Yonah Lloyd, CCO & VP IR | | | | | November 13, 2024 | | | | Make additive work for you Conference Call | --- | --- | --- | |------------------------------------------|-------|-------| | | | | | and Webcast Details | | | | | | | | | | | | US Toll-Free Dial-In | | | | 1-877-407-06 ...

Earnings Performance - Stratasys reported quarterly earnings of $0 01 per share, beating the Zacks Consensus Estimate of a loss of $0 02 per share, representing an earnings surprise of 150% [1] - The company's earnings per share (EPS) for the same quarter last year was $0 04 per share [1] - Over the last four quarters, the company has surpassed consensus EPS estimates two times [2] Revenue Performance - Stratasys posted revenues of $140 01 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 3 08% [2] - This compares to year-ago revenues of $162 13 million [2] - The company has not been able to beat consensus revenue estimates over the last four quarters [2] Stock Performance - Stratasys shares have lost about 41 3% since the beginning of the year, compared to the S&P 500's gain of 25 5% [3] - The stock's immediate price movement will depend on management's commentary on the earnings call [3] Earnings Outlook - The current consensus EPS estimate is $0 10 on $145 14 million in revenues for the coming quarter [7] - For the current fiscal year, the consensus EPS estimate is breakeven on $571 68 million in revenues [7] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5] Industry Outlook - The Zacks Industry Rank for Computer - Peripheral Equipment is currently in the bottom 39% of the 250 plus Zacks industries [8] - The top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Performance - Dragonfly Energy Holdings Corp (DFLI) is expected to post a quarterly loss of $0 18 per share, representing a year-over-year change of -5 9% [9] - The company's revenues are expected to be $14 12 million, down 11 1% from the year-ago quarter [10] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days [9]

Stock Performance - Stratasys shares ended the last trading session 9 9% higher at $7 70, with a higher-than-average trading volume [1] - The stock had previously experienced a 13 9% loss over the past four weeks [1] - Immersion (IMMR), another stock in the same industry, closed the last trading session 2% higher at $8 83, but has returned -3 2% over the past month [3] Financial Expectations - Stratasys is expected to post a quarterly loss of $0 02 per share, representing a year-over-year change of -150% [2] - Revenues for Stratasys are expected to be $144 45 million, down 10 9% from the year-ago quarter [2] - Immersion's consensus EPS estimate for the upcoming report has remained unchanged at $0 15, representing a year-over-year change of +87 5% [4] Industry and Company Factors - Stratasys shares are benefiting from increased demand for 3D printed equipment, strategic partnerships, and expansion of product offerings [1] - Organizational restructuring and cost-minimizing strategies are also contributing to the positive performance of Stratasys stock [1] - Stratasys belongs to the Zacks Computer - Peripheral Equipment industry, and both Stratasys and Immersion currently carry a Zacks Rank of 3 (Hold) [3][4] Earnings Estimate Trends - The consensus EPS estimate for Stratasys has remained unchanged over the last 30 days [3] - Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements [2] - The stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions [3]

Performance and Market Comparison - Stratasys (SSYS) shares have plunged 47.7% year to date, underperforming the Zacks Computer and Technology Sector (up 19.4%) and the Zacks Computer-Peripheral Equipment Industry (down 27.4%) [1] - SSYS has lagged behind peers like Mercury Systems (MRCY, up 0.7%), Immersion (IMMR, up 25.6%), and TransAct Technologies (TACT, down 38%) [1] Financial Results - Total revenues for the first half of 2024 declined 8.8% year over year to $282 million [1] - Product revenues were $192 million (down 8.2%), and service revenues were $89 million (down 9.8%) [1] - The Zacks Consensus Estimate for third-quarter 2024 revenues is $152.6 million, indicating a year-over-year decline of 5.9% [3] - The Zacks Consensus Estimate for 2024 revenues is $570 million, indicating a year-over-year decline of 9.18% [3] Earnings Outlook - The Zacks Consensus Estimate for third-quarter 2024 earnings is 2 cents, down 71.4% over the past 30 days [2] - The consensus mark for full-year 2024 earnings is 5 cents per share, down 64.3% over the past 30 days [2] Challenges and Risks - High interest rates, macroeconomic uncertainties, and reduced capital equipment spending have negatively impacted Stratasys' results [1] - Delayed purchases and longer sales cycles are expected to continue affecting second-half 2024 results [2] Growth Opportunities - The global 3D printing market is estimated to grow from $17.5 billion in 2024 to $37.4 billion by 2029, increasing by 16.4% annually [4] - Stratasys has introduced newer 3D printing technology and partnered with AM Craft to maximize additive manufacturing benefits [4] - The company recently enrolled a patient in a clinical study to analyze the efficacy of 3D-printed models for orthopedic oncology [4] Strategic Initiatives - Stratasys plans to reduce its workforce by 15% to mitigate macroeconomic volatility [5] - The company aims to achieve an EBITDA margin of 8% at current revenue levels by the first quarter of 2025 [5] Valuation and Ranking - Stratasys currently has a Zacks Rank 4 (Sell), suggesting investors should avoid the stock [6] - The Value Score of D indicates a stretched valuation [6]

Financial Performance - Stratasys reported a loss of 4 cents per share in Q2 2024, in line with the Zacks Consensus Estimate, compared to non-GAAP earnings of 4 cents per share in the year-ago quarter [1] - Quarterly revenues declined 13.6% YoY to $138 million, missing the consensus mark by 6.78%, partially due to divestitures and unfavorable foreign currency exchange rates [1] - Non-GAAP gross profit fell 9.8% YoY to $67.7 million, while the non-GAAP gross margin expanded 50 bps to 49% [2] - Non-GAAP operating expenses decreased 2.2% YoY to $70.9 million, resulting in a non-GAAP operating loss of $3.2 million, compared to a profit of $5 million in the year-ago quarter [2] - Adjusted EBITDA plunged 78.3% YoY to $2.3 million [2] Segment Performance - Product revenues declined 14.2% YoY to $93.6 million, with System revenues plunging 40% YoY to $29 million, while Consumables revenues increased 6.3% YoY to $64.6 million [2] - Services revenues declined 12.2% YoY to $44.4 million, with Customer Support revenues advancing 3.8% YoY to $30.5 million [2] Strategic Developments - Stratasys solidified a partnership with AM Craft to support additive manufacturing of EASA-certified aircraft sustainment parts, opening new opportunities in the aviation sector [3] - The company launched new products, including SAF High-Def printing capabilities, H350 version 1.5, and SAF Polypropylene material, expanding manufacturing applications and use cases [3] - Stratasys software offerings, including GrabCAD Print Pro and GrabCAD Streamline Pro, showed strong demand, with Print Pro expanding to PolyJet users and Streamline Pro gaining traction [3] Balance Sheet & Cash Flow - Stratasys ended Q2 with cash and short-term deposits of $150.9 million, down from $161.1 million at the end of the previous quarter [4] - The company reported a negative operating cash flow of $2.4 million, a significant decline from the positive operating cash flow of $7.3 million in the previous quarter [4] 2024 Outlook - Management lowered 2024 revenue projections to $570-$580 million, down from the previous forecast of $630-$645 million [5][6] - Non-GAAP earnings per share are now forecasted at 1-5 cents, compared to the previous range of 12-19 cents [5][6] - Gross margins are expected to be between 48.7% and 49%, down from the previous range of 49%-49.5% [5][6] - Non-GAAP operating margin is projected at 0.5%-1%, compared to the previous range of 2.5%-3.5% [5][6] - Operating expenses are estimated at $276-$278 million, down from the previous range of $292-$297 million [5][6] - Adjusted EBITDA is projected at $24-$27 million, down from the previous range of $40-$45 million [5][6] Stock Performance - Stratasys' shares have plunged 51.5% year-to-date, underperforming the Zacks Computer & Technology sector's rise of 20.3% [6]

Stratasys Ltd. SSYS reported worse-than-expected second-quarter sales and cut its FY24 guidance on Thursday.Stratasys reported fiscal second-quarter 2024 revenue of $138.04million, missing the analyst consensus estimate of $146.34 million. Adjusted EPS loss of 4 cents beat the analyst consensus estimate of 5 cent loss.The company shared plans to downsize its workforce by 15% by 2024 end to save $40 million in annual cost beginning in the first quarter of 2025, along with annualized EBITDA margins of 8%.Stra ...

Stratasys stock is 3D printing nothing but losses these days.Stratasys (SSYS -14.71%) stock fell 14.9% through 12:05 p.m. on mixed earnings on Thursday.Wall Street analysts had forecast the 3D printing company would lose $0.05 per share in the second quarter, and the good news is that Stratasys beat that estimate -- losing "only" $0.04. The bad news is that Stratasys fell well short of Street forecasts for $146.3 million in Q2 sales, reporting only $138 million. Stratasys' Q2 earningsThis news gets worse. T ...

STRATASYS LTD. Exhibit 99.1 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 (UNAUDITED) 1 STRATASYS LTD. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (Unaudited) INDEX TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 (UNAUDITED) | Item | Page | | --- | --- | | Consolidated Balance Sheets | 3 | | Consolidated Statements of Operations and Comprehensive Loss | 4 | | Consolidated Statements of Chan ...