Exhibit 99.1 nCino Reports First Quarter Fiscal Year 2026 Financial Results WILMINGTON, N.C., May 28, 2025 -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced financial results for the first quarter of fiscal year 2026, ended April 30, 2025. "Strong execution drove financial results above guidance, underscoring our ability to deliver value for shareholders and customers," said Sean Desmond, CEO at nCino. "We're fulfilling our commitments and a ...

Financial Performance - Agilent reported revenue of $1.67 billion for Q2 FY 2025, representing a growth of 6.0% reported and 5.3% core compared to Q2 FY 2024[3]. - GAAP net income for Q2 FY 2025 was $215 million, or $0.75 per share, down 29% from $308 million, or $1.05 per share in Q2 FY 2024[4]. - Non-GAAP net income for Q2 FY 2025 was $373 million, or $1.31 per share, up 7% from $356 million, or $1.22 per share in the same quarter last year[4]. - The full-year revenue outlook for FY 2025 is projected to be between $6.73 billion and $6.81 billion, indicating a growth of 3.4% to 4.6% reported[4]. - Q3 FY 2025 revenue outlook is expected to be in the range of $1.645 billion to $1.675 billion, representing an increase of 4.2% to 6.1% reported[4]. - Net income for the six months ended April 30, 2025, was $533 million, a decrease of 18.8% compared to $656 million for the same period in 2024[21]. - Non-GAAP net income for the six months ended April 30, 2025, was $750 million, representing an increase of 1.9% from $736 million in 2024[22]. Segment Performance - The Life Sciences and Diagnostics Markets Group reported Q2 revenue of $654 million, an increase of 8% reported and 3% core year-over-year[6]. - The Agilent CrossLab Group reported Q2 revenue of $713 million, an increase of 7% reported and 9% core year-over-year[6]. - The Applied Markets Group reported Q2 revenue of $301 million, a decrease of 1% reported and flat core year-over-year[7]. - Revenue for the Life Sciences and Diagnostics Markets Segment increased by 8% year-over-year, reaching $654 million in Q2 2025 compared to $604 million in Q2 2024[40]. - Revenue for the Agilent CrossLab Segment grew by 7% year-over-year, totaling $713 million in Q2 2025, up from $664 million in Q2 2024[40]. - The Applied Markets Segment reported a slight decline in revenue of 1%, with $301 million in Q2 2025 compared to $305 million in Q2 2024[40]. Cash Flow and Expenditures - Cash flows from operating activities for the six months ended April 30, 2025, were $652 million, down from $818 million in the same period of 2024[21]. - The company incurred $211 million in capital expenditures for property, plant, and equipment during the six months ended April 30, 2025, compared to $193 million in 2024[21]. - The net cash used in financing activities was $296 million for the six months ended April 30, 2025, a decrease from $531 million in 2024[21]. - The company reported a net cash increase of $157 million for the six months ended April 30, 2025, compared to an increase of $81 million in the same period of 2024[21]. Operational Insights - The gross margin for the Life Sciences and Diagnostics Markets Segment was 52.8% in Q2 2025, down from 55.1% in Q2 2024[35]. - Agilent's Ignite Transformation is driving financial success and operational excellence, becoming the core enterprise delivery engine[5]. Earnings Per Share - Non-GAAP EPS for Q3 FY 2025 is expected to be in the range of $1.35 to $1.37 per share[4].

Exhibit 99.1 Salesforce Reports Record First Quarter Fiscal 2026 Results Exceeds Guidance Across All Metrics; cRPO up 12% Y/Y SAN FRANCISCO, Calif. - May 28, 2025 - Salesforce (NYSE: CRM), the world's #1 AI CRM, today announced results for its first quarter fiscal 2026 ended April 30, 2025. Results "We delivered strong Q1 results and are raising our guidance by $400 million to $41.3 billion at the high end of the range," said Marc Benioff, Chair and CEO, Salesforce. "We've built a deeply unified enterprise ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 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: 001-39795 RESERVOIR MEDIA, INC. (Exact name of registrant as specified in its charter) Delaware 83-3584204 (I.R.S. Employ ...

Exhibit 99.1 Pure Storage Announces First Quarter Fiscal 2026 Financial Results Q1 total revenue growth of 12% year-over-year Storage as a Service offerings TCV sales growth of 70% SANTA CLARA, Calif. — May 28, 2025 — Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2026 ended May 4, 2025. "Pure continues to demonstrate the superiority of our technology and strategy th ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Veeva Announces Fiscal 2026 First Quarter Results Total Revenues of $759.0M, up 17% Year Over Year Subscription Services Revenues of $634.8M, up 19% Year Over Year PLEASANTON, CA — May 28, 2025 — Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its first quarter ended April 30, 2025. "I consider this our best first quarter ever. We executed with speed, quality, and innovation ...

Table of Contents 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 30, 2025 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: 001-38977 PHREESIA, INC. (Exact name of registrant as specified in its charter) Delaware 20-2275479 (State or oth ...

Financial Performance - Nutanix reported an 18% year-over-year growth in Annual Recurring Revenue (ARR), reaching $2.14 billion compared to $1.82 billion in the previous year[3]. - Total revenue for Q3 FY'25 was $639.0 million, representing a 22% increase from $524.6 million in Q3 FY'24[3]. - GAAP operating income improved to $48.6 million from a loss of $11.6 million year-over-year, marking a $60.2 million increase[3]. - Non-GAAP operating income rose to $137.1 million, up $63.8 million from $73.3 million in the same quarter last year[3]. - Free cash flow for the third quarter was $203.4 million, significantly higher than $78.3 million in Q3 FY'24, an increase of $125.1 million[3]. - Total revenue for the three months ended April 30, 2025, was $638,983,000, representing a 21.7% increase from $524,577,000 in the same period of 2024[21]. - Total revenue for the nine months ended April 30, 2025, reached $1,884,660,000, up 17.7% from $1,600,864,000 in the prior year[21]. - Gross profit for the three months ended April 30, 2025, was $555,992,000, compared to $444,958,000 for the same period in 2024, indicating a 24.9% increase[21]. - Total billings for the three months ended April 30, 2025, were $647,045,000, compared to $557,285,000 in the same period of 2024, reflecting a 16.1% increase[28]. - Total revenue for the nine months ended April 30, 2024, was $1.60 billion, compared to $1.88 billion for the same period in 2025, indicating a year-over-year increase of about 17.7%[30]. - Gross profit for the nine months ended April 30, 2025, was $1,633,711,000, with a gross margin of 86.7%[40]. - Net income for the nine months ended April 30, 2025, was $149,716,000, with diluted net income per share of $0.52[40]. Revenue Breakdown - Subscription revenue for the three months ended April 30, 2024, was $486.62 million, an increase from $609.66 million for the same period in 2025, representing a growth of approximately 25.2%[30]. - Subscription billings for the three months ended April 30, 2024, were $515.92 million, increasing to $627.25 million for the same period in 2025, representing a growth of approximately 21.6%[30]. - Professional services revenue for the three months ended April 30, 2024, was $26.24 million, compared to $28.00 million for the same period in 2025, showing a slight increase of approximately 6.7%[30]. - Other non-subscription product revenue for the three months ended April 30, 2024, was $11.72 million, significantly decreasing to $1.32 million for the same period in 2025, indicating a decline of approximately 88.7%[30]. Cash Flow and Expenses - Cash provided by operating activities for the nine months ended April 30, 2025, was $601,927,000, compared to $428,234,000 in the same period of 2024[25]. - Total operating expenses for the nine months ended April 30, 2025, were $1,492,378,000, resulting in an operating margin of 7.5%[40]. - Research and development expenses totaled $471,596, with a reduction of $117,664 compared to previous periods[46]. - Sales and marketing expenses were $717,926, reflecting a decrease of $61,110[46]. Future Projections - The company expects fourth quarter revenue to be between $635 million and $645 million, with a non-GAAP operating margin projected between 15.5% and 16.5%[5]. - For the full fiscal year 2025, Nutanix anticipates revenue between $2.52 billion and $2.53 billion, with a non-GAAP operating margin of approximately 20.5%[6]. - The company plans to use a long-term projected non-GAAP tax rate of 20% starting in fiscal 2025[48]. Stockholder Information - Total current liabilities decreased to $1,244,341,000 from $1,281,555,000 year-over-year[20]. - Total assets as of April 30, 2025, were $3,096,630,000, down from $2,143,918,000 in the previous year[20]. - Stockholders' deficit improved slightly to $(711,434,000) from $(728,148,000) year-over-year[20]. - The company reported a total stock-based compensation expense of $266,419,000 for the nine months ended April 30, 2025[25]. - The company included 56,094 potentially dilutive shares related to convertible senior notes and employee equity incentive plans[46]. Operational Highlights - Nutanix announced the general availability of Nutanix Cloud Infrastructure (NCI) for external storage, enhancing its cloud platform capabilities[4]. - A partnership with Pure Storage was established to deliver integrated solutions for mission-critical workloads, particularly in AI applications[4]. - The average contract duration increased to 3.1 years from 3.0 years, indicating a slight extension in customer commitments[3].

Financial Performance - REX reported Q1 2025 net sales and revenue of $158.3 million, a decrease of 5.4% from $161.2 million in Q1 2024[3] - Gross profit for Q1 2025 was $14.3 million, slightly down from $14.5 million in Q1 2024[3] - Net income attributable to REX shareholders in Q1 2025 was $8.7 million, compared to $10.2 million in Q1 2024, resulting in diluted net income per share of $0.51, down from $0.58[4] - Net income for the three months ended April 30, 2025, was $10,672 million, a decrease of 13.1% from $12,273 million in the same period of 2024[22] - Net cash used in operating activities was $3,476 million, compared to $2,263 million in the prior year, indicating a decline in operational cash flow[22] - Capital expenditures for the period were $6,900 million, significantly lower than $24,832 million in the previous year[22] - Net cash provided by investing activities was $1,809 million, down from $11,895 million year-over-year[22] - Cash and cash equivalents at the end of the period were $159,913 million, a decrease from $231,200 million at the end of the previous year[22] Shareholder Actions - REX repurchased approximately 822,000 shares for a total consideration of $32.7 million in Q1 2025, representing about 4.7% of outstanding shares[9] - Treasury stock acquired amounted to $32,670 million, reflecting a new strategy in capital management[22] Capital Expenditures and Investments - Capital expenditures related to the One Earth Energy carbon capture and ethanol production expansion project totaled $122.7 million, with a combined budget of $220-$230 million for completion[8] - Non-cash investing activities included accrued capital expenditures of $2,717 million, down from $3,938 million in the prior year[22] Ethanol Production - REX achieved consolidated ethanol sales volumes of 70.9 million gallons in Q1 2025[7] - The expansion of ethanol production at the One Earth facility is ongoing, with project completion anticipated in 2026[5] - REX's effective ownership of annual ethanol production volumes is approximately 300 million gallons across six facilities[13] Carbon Capture Project - The permitting process for the carbon capture project at the Gibson City location is ongoing, with final decisions expected in January 2026[6]

Financial Performance - Net sales reached a record $20.5 million, up 4% from $19.7 million in fiscal 2024, driven by strong shipments to the Alternative/Clean Energy Market[129]. - Gross profit decreased by 1% to $9.74 million, with a gross margin of 47.5%, down from 50% in the previous year, primarily due to product mix and reclassification of labor costs[129][135]. - Operating income fell to $1.01 million, down from $1.20 million in fiscal 2024, attributed to lower gross profit and higher operating expenses[129]. - Net income was approximately $1.3 million, a decrease from $1.4 million in fiscal 2024, reflecting lower gross profit and increased operating expenses[129]. - The backlog of equipment and service-related orders was $8.67 million, down 6.6% from the prior year-end record high of $9.28 million[129]. - Sales in the Alternative/Clean Energy market surged 64% to $9.84 million, driven by production-scale system shipments to the solar market[141]. - U.S. and Canada sales increased by 15% to $12.51 million, supported by the delivery of five high Average Selling Price systems totaling $3.85 million[142]. - Research and product development expenses decreased by 6% to $2.72 million, due to reduced salaries and reallocation of labor expenses[143][144]. - Total operating expenses rose slightly by 1% to $8.73 million, with general and administrative expenses increasing by 12%[143]. - Operating income decreased by $172,000 or 15%, to $1,010,000 in fiscal 2025 compared to $1,182,000 in the prior fiscal year[152]. - Net income decreased by $168,000 or 12%, to $1,273,000 for fiscal 2025 compared to $1,441,000 for the prior fiscal year[155]. Market and Sales Dynamics - In fiscal 2025, 39% of total sales were generated from international markets, amounting to approximately $7,998,000, down from 45% or $8,822,000 in fiscal 2024[24][35]. - Approximately 39% of sales originated outside the U.S. and Canada, highlighting the company's geographic diversity[131]. - The company expects to derive a substantial portion of sales from outside the U.S., indicating reliance on global economic conditions[47]. - The company is exposed to risks related to international sales, including tariffs and trade wars, which could significantly impact revenue[75]. - Changes in United States trade policy, including tariffs, may adversely impact the company's business and results of operations[44]. - Customers or suppliers experiencing cash flow problems may modify, delay, or cancel purchase plans, adversely affecting sales and earnings[48]. Operational Challenges - The company has not faced significant issues with raw material availability, managing inventory through lean manufacturing processes[29][30]. - The company has faced challenges in the supply of various materials and components, particularly electronic components, due to global supply chain shortages[73]. - The company has encountered difficulties in obtaining adequate supplies of components and raw materials, which could negatively affect profit margins[72]. - A tightening labor market could lead to increased costs and negatively affect project completion and operational efficiency[51]. - The company may rely on subcontractors to meet current demand, and any loss of these services could materially affect operations[74]. - Inflationary pressures have risen sharply since late 2021, with expectations of elevated rates throughout 2025, potentially impacting the company's liquidity and overall cost structure[80]. Strategic Initiatives - The company has invested significantly in expanding its product portfolio and market reach, leveraging its core ultrasonic coating technology[12][15]. - Sono-Tek's ultrasonic coating technology is utilized across various industries, including microelectronics, medical devices, and alternative energy, enhancing product performance and process efficiency[12][20]. - Sono-Tek's application consulting services support customers in optimizing their coating processes, enhancing customer relationships and satisfaction[23]. - The company plans to focus on rapid growth, including organic growth and possible acquisitions, which may strain resources[53]. - The ability to protect intellectual property rights is crucial for competitive advantage, but challenges exist in enforcement[54]. - The company faces competition from larger firms with greater resources, which could impact market share and revenue growth[63]. - Rapid technological changes may render existing products obsolete, necessitating timely and cost-effective responses[64]. - Development of new products and systems requires significant investment, and lack of market acceptance could adversely affect business[68]. Governance and Management - The company has a strong balance sheet with no debt, providing financial flexibility for growth and development opportunities[26]. - The company has a staggered board structure, with terms for certain directors running until the annual meeting in 2026, ensuring continuity in governance[182]. - The company has a strong focus on corporate governance, with no family relationships among directors and officers, ensuring independence[188]. - The Audit Committee, chaired by Eric Haskell, CPA, is responsible for selecting an independent public accountant and reviewing material accounting items affecting the consolidated financial statements[185]. - The Compensation Committee, led by Carol O'Donnell, oversees executive compensation and ensures compliance with NASDAQ's independent director requirements[186]. - Dr. Adeniyi Lawal, appointed as a Director in April 2024, brings extensive experience in renewable energy and has directed multi-million dollar projects funded by the Department of Energy[202]. - Eric Haskell's experience in acquisitions and divestitures provides valuable insights for the company's growth strategies[199]. Financial Management - The company has adopted a Stock Repurchase Plan allowing for open market purchases of up to $2,000,000 of its common stock[101]. - The company has not paid any cash dividends on its common stock since inception, indicating a focus on retaining earnings for business use[123]. - The company has no current plan to pay dividends, which may lead to investors losing their entire investment[105]. - The company's internal control over financial reporting must be effective to maintain investor confidence; any material weaknesses could negatively impact stock price and liquidity[84]. - Cash and cash equivalents increased by $3,067,000 to $5,202,000 at February 28, 2025, compared to $2,135,000 at February 29, 2024[157]. - Working capital increased by $1,378,000 to $13,501,000 at February 28, 2025, from $12,123,000 at February 29, 2024[156]. - Stockholders' equity increased by $1,513,000 from $16,279,000 at February 29, 2024, to $17,792,000 at February 28, 2025[158]. - Accounts receivable increased by $877,000 in fiscal 2025, primarily due to a large number of sales occurring in the fourth quarter[160]. - Interest and dividend income decreased by $41,000 to $489,000 for fiscal 2025 compared to $530,000 for the prior fiscal year[153]. - Income tax expense decreased to $261,000 for fiscal 2025 from $303,000 in the prior fiscal year, due to a decrease in income before income taxes[154]. Employee Relations - The company has maintained a good relationship with its 79 full-time and 10 part-time employees as of February 28, 2025[37]. - The company anticipates the need to hire additional qualified personnel to support business expansion, which may not be feasible[50]. Cybersecurity - The company is implementing cybersecurity measures to protect its operations and financial results[115]. Stock Market and Investor Relations - The market price of the company's common stock has been volatile, influenced by factors beyond its control[98]. - The company faces risks from potential activist shareholders that could disrupt its business and affect stock price[111].