FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

RECONCILIATION OF OUTLOOK - GAAP TO NON-GAAP

Fiscal quarter ending September 30, 2024

Low

High

GAAP gross margin

53.0 %

54.5 %

Stock-based compensation

0.5 %

0.5 %

Non-GAAP gross margin

53.5 %

55.0 %

Fiscal quarter ending September 30, 2024

(in thousands)

Low

High

GAAP operating expenses

$45,000

$47,000

Stock-based compensation

(4,000)

(4,000)

Purchase accounting intangible amortization

(1,000)

(1,000)

Non-GAAP operating expenses

$40,000

$42,000

Fiscal quarter ending September 30, 2024

Low

High

GAAP diluted loss per share range

$(0.32)

$(0.12)

Stock-based compensation

0.19

0.19

Purchase accounting intangible amortization

0.05

0.05

Non-GAAP tax adjustments

0.07

0.07

Non-GAAP diluted loss per share

$(0.01)

$0.19