Exhibit 99.1 Nova® News Release AstroNova Reports Fiscal 2025 Second Quarter Financial Results Company to host conference call at 9:30 a.m. ET today • Revenue of $40.5 million, up 14.1% year over year • Gross margin of 35.3%, up 800 basis points year over year; non-GAAP gross margin of 35.6%, unchanged year over year • Operating income of $1.1 million; non-GAAP operating income of $2.2 million • Net loss per share of $(0.04) vs. $(0.22) in the second quarter of fiscal year 2024; non-GAAP diluted earnings pe ...

Core Viewpoint - AstroNova's share price has declined nearly 20% from approximately $18 per share, primarily due to year-over-year sales declines across both segments, which are viewed as largely temporal. The current share price of around $14 suggests it is undervalued, presenting an intriguing risk/reward opportunity for investors [2]. Test & Measurement Segment - The Test & Measurement (T&M) segment, primarily consisting of flight deck printers, reported sales of $9.78 million in Q1, down about 5% year-over-year and nearly 25% sequentially. The decline is attributed to order delivery timing and temporary component shortages, which impacted $3 million in potential sales [3][4]. - Adjusting for the component shortages, normalized sales could imply a growth of approximately 24%, indicating stronger demand trends than reported [3]. - Despite a challenging environment, the segment's EBIT margins were 17.6%, down from 20.05% year-over-year, primarily due to fixed cost deleverage from lower sales [4]. - The acquisition of Honeywell has allowed AstroNova to push more ToughWriter printers, which are higher margin products, potentially improving future margins as the company aims to increase ToughWriter sales from 40% to 90% by 2027 [3][4]. Product Identification Segment - The Product Identification (PI) segment reported sales of $23.19 million in Q1, down nearly 7% year-over-year and 13% sequentially, primarily due to delayed shipments from customer specification changes [5]. - The decline in sales is also linked to lower utilization of printers due to previous quality issues with ink suppliers, which may still be affecting sales [5][6]. - Despite the challenges, the segment's EBIT margins improved to 12.9%, up from 10% year-over-year, attributed to operational efficiencies and a favorable mix of higher-margin products [6][7]. Valuation and Future Outlook - The acquisition of MTEX for $19 million is expected to enhance AstroNova's product offerings and sales potential, with projected sales of approximately $9 million this fiscal year [8][9]. - The company is expected to generate $172 million in sales and $32.8 million in segment EBIT by FY27, with a projected free cash flow of around $14.5 million [9][10]. - The current market cap of approximately $111 million suggests that the company is undervalued, with a potential market cap of $196 million by FY27 based on conservative growth estimates [10][11].

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $33 million, down 7% from the prior year due to lower sales in both Product Identification (P&I) and Test & Measurement (T&M) segments [18] - Gross margin increased to 36.3%, up 130 basis points from the same period last year, reflecting higher margins in both segments [18] - Adjusted EBITDA was $2.5 million, representing 7.5% of revenue, down 19% from last year [22] - Diluted EPS for the quarter was $0.15 compared to $0.11 in the first quarter last year [22] Business Line Data and Key Metrics Changes - In the Product Identification segment, revenue was $23.2 million, down from $25.1 million in Q1 2024, primarily due to delayed shipments [23] - Operating profit in the P&I segment was $3 million, or 12.9% of segment revenue, compared to $2.5 million, or 10% of segment revenue last year [23] - In the Test & Measurement segment, revenue was $9.8 million, down from $10.3 million last year, with operating profit at $1.7 million, or 17.6% of segment revenue [24] Market Data and Key Metrics Changes - Supplies accounted for 57% of revenue in Q1 2025, up from 54% in Q1 2024, while hardware accounted for about 27% of revenue, down 6 points from last year [25] - The service/other category made up just over 16% of revenue, up from 13.2% in Q1 of last year, primarily due to the T&M segment [25] Company Strategy and Development Direction - The company is transitioning most Aerospace customers from legacy products to newer ToughWriter branded printers, which is expected to lower manufacturing costs and improve supply chain efficiency [7][8] - The acquisition of MTEX NS is expected to generate $8 million to $10 million in revenue for the fiscal year and is seen as a strategic move to expand market presence and product offerings [10] - The company aims for organic revenue growth in the mid-single digits and an adjusted EBITDA margin in the range of 13% to 14% for fiscal 2025 [9][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in Q1 due to temporary component shortages affecting shipments, but remains optimistic about resolving these issues within the fiscal year [7][9] - The company is focused on debt reduction and aims to repay most revolving credit debt by the end of the year [27] - Management expressed confidence in the long-term profitability benefits from transitioning to higher-margin products [28] Other Important Information - Cash and equivalents at the end of Q1 were $4 million, down from the previous fiscal year [26] - The company generated $6.9 million in cash from operations during the quarter and reduced revolving debt by $5.5 million [26] Q&A Session Summary - No questions were posed during the Q&A session, and the call concluded without further inquiries [30][31]

1st Quarter Fiscal 2025 FINANCIAL RESULTS June 6, 2024 Forward-Looking Statements Information included in this presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but rather reflect our current expectations concerning future events and results. These statements may include the use of the words “believes,” “expects,” “intends,” “plans,” “anticipates,” “likely,” “contin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 27, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------|-----------------------------------------------------| | | | | For the transition period from to ...

Exhibit 99.1 News Release AstroNova Reports Fiscal 2025 First Quarter Financial Results Company Reiterates Fiscal 2025 Full-Year Outlook • Bookings of $33.1 million • Revenue of $33.0 million • Operating income of $1.3 million • Net income of $1.2 million • Earnings per diluted share of $0.15 • Adjusted EBITDA of $2.5 million • Earnings conference call at 9:00 a.m. ET today West Warwick, R.I., June 6, 2024 – AstroNova, Inc. (Nasdaq: ALOT), a global leader in data visualization technologies, today announced ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 0-13200 AstroNova, Inc. (Exact name of registrant as specified in its charter) Rhode Island 05-0318215 (State or other juri ...

DKosig For those with freedom to invest in microcaps, AstroNova (NASDAQ:ALOT) is a sneaky good setup that has incrementally gotten more recognition as they’ve started to post improving results over the past few quarters. But despite the stock growing 12% year-to-date and 50% over the past year, there’s still room for it to be justifiably higher over the next 24-48 months. At ~12x free-cash-flow today, the risk/reward looks particularly attractive. Over the coming years, there are a few mechanical items ...

AstroNova, Inc. (NASDAQ:ALOT) Q4 2024 Earnings Conference Call March 22, 2024 9:00 AM ET Company Participants David Calusdian - Sharon Merrill Advisors Greg Woods - President and Chief Executive Officer David Smith - Vice President and Chief Financial Officer Conference Call Participants Samir Patel - Askeladden Capital Management George Melas - MKH Management Dennis Scannell - Rutabaga Capital Operator Good morning, and welcome to the AstroNova Fiscal Fourth Quarter and Full-Year 2024 Financial Results Con ...

Fiscal 4th Quarter and Full-Year 2024 FINANCIAL RESULTS Forward-Looking Statements Information included in this news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but rather reflect our current expectations concerning future events and results. These statements may include the use of the words “believes,” “expects,” “intends,” “plans,” “anticipates,” “likely,” “conti ...