Financial Performance - Q1 2026 sales increased by $75 million (35.0%) to $290 million compared to $215 million in Q1 2025[4] - Q1 2026 GAAP EPS from continuing operations increased by 40.5% to $1.11 per share compared to $0.79 per share in Q1 2025[4] - Q1 2026 adjusted EPS from continuing operations increased by 72.6% to $1.64 per share compared to $0.95 per share in Q1 2025[4] - Total net sales for Q1 2026 reached $289.7 million, a 35% increase from $214.6 million in Q1 2025[21] - Adjusted net earnings for Q1 2026 were $42.4 million, compared to $24.5 million in Q1 2025, reflecting a 73% year-over-year growth[21][22] - Consolidated EBITDA for Q1 2026 was $64.9 million, up from $41.0 million in Q1 2025, representing a 58% increase[23] - The company reported a consolidated EBIT of $38.4 million for Q1 2026, compared to $28.1 million in Q1 2025, marking a 37% increase[23] Orders and Backlog - Q1 2026 entered orders increased by $328 million (143.0%) to $557 million, resulting in a record backlog of $1.4 billion[4] - Organic orders increased by 39% across all three business segments, reflecting favorable end-market conditions[3] - The ending backlog as of December 31, 2025, was $1.4 billion, an increase from $1.1 billion at the beginning of the quarter[29] Segment Performance - Aerospace & Defense segment sales increased by $62 million (75.7%) to $144 million, driven by strong performance in Navy and aerospace[7] - Utility Solutions Group sales increased by $1 million (1.0%) to $87 million, with Doble sales increasing by $4 million (5.8%) and NRG sales decreasing by $3 million (22.4%) compared to Q1 2025[7] - Test & Measurement segment sales increased by $12 million (26.7%) to $58 million, primarily driven by higher U.S. and European demand[10] Guidance - FY 2026 revenue guidance increased by $20 million, now expected to be in the range of $1.29 to $1.33 billion, reflecting 18% to 21% growth over the prior year[10] - Full year adjusted EPS guidance raised to a range of $7.90 - $8.15 per share, reflecting a 31% to 35% growth[10] Cash and Debt - Cash and cash equivalents at the end of Q1 2026 were $103.8 million, up from $101.4 million at the end of Q4 2025[27] - The total current assets as of December 31, 2025, were $689.7 million, slightly up from $688.5 million as of September 30, 2025[25] - The company’s long-term debt decreased to $125.0 million from $166.0 million in the previous quarter[25] - The company incurred $2.9 million in interest expenses for Q1 2026, compared to $2.3 million in Q1 2025[23]

FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 ☐ 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 001-36423 HENNESSY ADVISORS, INC. (Exact name of registrant as specified in its charter) California 68- ...

Exhibit 99.1 Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2025 Financial Results Strong Cash Flow and Bookings from Expanding Voice Modernization Customer Base U.S. Tier 1 Service Provider Sales up over 25% in 2025 Delays in Customer Projects and Budget Timing Impacted 4Q Results Targeting Expansion in High Growth AI and Defense Markets New Tax Benefit Expected to Result in Improved Cash Conversion PLANO, Texas – Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time comm ...

Exhibit 99.1 | | Three Months Ended Dec 31, | | | | Change | | | --- | --- | --- | --- | --- | --- | --- | | | | 2025 | | 2024 Amount | | Percent | | Total Revenue | $ | 8,320,250 | $ | 9,707,818 $ (1,387,568) | | -14.3% | | Net Income | | 1,929,774 | | 2,834,223 (904,449) | | -31.9% | | Earnings Per Share (Diluted) | | 0.24 | | 0.36 (0.12) | | -33.3% | | Weighted Average Number of Shares Outstanding (Diluted) | | 7,965,547 | | 7,862,881 102,666 | | 1.3% | | Average Assets Under Management | 4,170,760,003 4 ...

Financial Performance - Total revenue for Q1 FY2026 was $44.2 million, a 19% increase year-over-year from $37.3 million[6] - Adjusted EBITDA for Q1 FY2026 was $13.3 million, compared to $7.8 million a year ago, with an adjusted EBITDA margin of 30.0%[6] - Non-GAAP net income for Q1 FY2026 was $12.4 million, up from $6.6 million a year ago, with non-GAAP net income per diluted share of $0.26[6] - The company reported a GAAP net income of $2.8 million for Q1 FY2026, compared to a net loss of $4.6 million in the same period last year[6] - Total consolidated revenue for the three months ended December 31, 2025, was $44,244,000, representing a 18.5% increase from $37,254,000 in the prior year[27] - Adjusted EBITDA for the same period was $13,289,000, with an adjusted EBITDA margin of 30.0%, up from 21.1% in the previous year[28] - Non-GAAP net income for the three months ended December 31, 2025, was $12,434,000, compared to $6,633,000 in the prior year[30] - Net income for the three months ended December 31, 2025, was $2,772,000, a significant improvement from a net loss of $4,612,000 in the same period of 2024[25] Revenue Breakdown - Fraud and Identity revenue grew 30% year-over-year, driven by 21% growth in SaaS revenue[3] - SaaS revenue for Q1 FY2026 was $22.2 million, a 21% increase year-over-year from $18.4 million[6] - Revenue from Fraud and Identity Solutions increased to $25,470,000, up from $19,570,000 year-over-year[27] - Revenue from Check Verification Solutions increased to $18,773,000, compared to $17,685,000 in the same quarter last year[27] - Software license revenue for the three months ended December 31, 2025, was $13,901 thousand, up from $11,985 thousand in 2024, marking a 15.9% increase[37] - SaaS, maintenance, and other revenue for the three months ended December 31, 2025, was $30,343 thousand, compared to $25,269 thousand in 2024, representing a 20.4% growth[37] Cash and Investments - Total cash and investments decreased to $191.8 million as of December 31, 2025, down from $196.5 million at September 30, 2025[6] - Cash and cash equivalents at the end of the period increased to $175,122,000 from $154,153,000 at the beginning of the period[25] - Total current assets decreased to $239,102,000 as of December 31, 2025, down from $248,494,000 as of September 30, 2025[23] Liabilities and Equity - Total liabilities decreased to $212,797,000 from $218,851,000 in the previous quarter[23] - Stockholders' equity decreased to $233,656,000 from $240,258,000 in the prior quarter[23] Shareholder Actions - The company has raised its full-year revenue guidance to between $187 million and $197 million, with a midpoint year-over-year growth of approximately 7%[7] - The company authorized a new $50 million share repurchase program effective after the completion of the existing program[10] - The company repaid $155.3 million in Convertible Senior Notes in full on February 1, 2026[10] Operating Expenses - Total stock-based compensation expense for the three months ended December 31, 2025, was $2,691 thousand, down from $4,465 thousand in 2024, indicating a 39.8% decrease[35] - Non-GAAP operating expenses for the three months ended December 31, 2025, totaled $23,209 thousand, a decrease from $24,021 thousand in 2024, reflecting a 3.4% reduction[39] - General and administrative expenses for the three months ended December 31, 2025, were $11,074 thousand, compared to $11,901 thousand in 2024, showing a 6.9% decrease[39] Cash Flow - Net cash provided by operating activities for the three months ended December 31, 2025, was $13,743 thousand, compared to $7,064 thousand for the same period in 2024, representing a 94.5% increase[33] - Free cash flow for the twelve months ended December 31, 2025, was $62,793 thousand, up from $40,184 thousand in 2024, indicating a 56.5% growth[33]

Exhibit 99.1 Contact: Strategy Shirish Jajodia Corporate Treasurer ir@strategy.com Strategy Announces Fourth Quarter 2025 Financial Results; Holds 713,502 BTC Bitcoin Highlights (as of February 1, 2026) 713,502 bitcoin holdings at a total cost of $54.26 billion, or $76,052 per bitcoin 22.8% BTC Yield achieved in FY2025 Capital Markets Highlights Largest US equity issuer in FY2025, representing ~8% of total US equity issuance $25.3 billion raised in FY2025 Five IPOs of preferred stock completed in FY2025, ra ...

Exhibit 99.1 Contact: Strategy Shirish Jajodia Corporate Treasurer ir@strategy.com Strategy Announces Fourth Quarter 2025 Financial Results; Holds 713,502 BTC Bitcoin Highlights (as of February 1, 2026) 713,502 bitcoin holdings at a total cost of $54.26 billion, or $76,052 per bitcoin 22.8% BTC Yield achieved in FY2025 Capital Markets Highlights Largest US equity issuer in FY2025, representing ~8% of total US equity issuance Return of Capital ("ROC") distributions expected to continue for the foreseeable fu ...

Exhibit 99.1 Contact: Strategy Shirish Jajodia Corporate Treasurer ir@strategy.com Strategy Announces Fourth Quarter 2025 Financial Results; Holds 713,502 BTC Bitcoin Highlights (as of February 1, 2026) 713,502 bitcoin holdings at a total cost of $54.26 billion, or $76,052 per bitcoin 22.8% BTC Yield achieved in FY2025 Capital Markets Highlights Largest US equity issuer in FY2025, representing ~8% of total US equity issuance $25.3 billion raised in FY2025 Five IPOs of preferred stock completed in FY2025, ra ...

Table of Contents 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 0-01989 Seneca Foods Corporation 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 December 27, 2025 (Exact name of Registrant as specified in its charter) New York 16 ...

Financial Performance - Net sales for the three months ended December 27, 2025, totaled $508.3 million, an increase of $5.4 million or 1.1% compared to $502.9 million for the same period in 2024[91] - Net sales for the nine months ended December 27, 2025, were $1,265.8 million, an increase of $32.8 million or 2.7% compared to $1,233.0 million for the same period in 2024[94] - Gross margin for the three months ended December 27, 2025, was 16.4%, up from 9.8% in the prior year, primarily due to a LIFO credit and lower costs of current year seasonal pack products[97] - Gross margin for the nine months ended December 27, 2025, was 14.8%, up from 10.9% in the prior year, driven by increased net sales and a LIFO credit[102] - Adjusted net earnings for the nine months ended December 27, 2025, were $72.7 million, compared to $58.0 million for the same period in 2024[124] - EBITDA for the nine months ended December 27, 2025, was $167.2 million, an increase from $117.3 million in the same period of 2024[127] Operating Income and Expenses - Operating income as a percentage of net sales increased to 11.8% for the three months ended December 27, 2025, compared to 5.1% for the same period in 2024[96] - Selling, general, and administrative expenses as a percentage of net sales for the nine months ended December 27, 2025, were 5.0%, compared to 4.7% for the prior year[103] - Interest expense decreased from $7.8 million in the prior year quarter to $4.1 million, representing 0.8% of net sales, down from 1.6%[101] Cash Flow and Working Capital - For the nine months ended December 27, 2025, cash provided by operating activities was $114.2 million, a decrease from $243.6 million in the same period of 2024[114] - The net cash used in investing activities for the nine months ended December 27, 2025, was $26.5 million, primarily for capital expenditures of $27.0 million[117] - Net cash used in financing activities was $104.7 million for the nine months ended December 27, 2025, mainly due to payments of $94.0 million on term loans[119] - The company's working capital increased to $616.8 million as of December 27, 2025, from $579.2 million in the prior year[108] - The Company experienced an easing of working capital needs in fiscal year 2025, although adverse weather conditions impacted crop yields[111] Market Conditions and Challenges - The company faces rising costs and availability issues for raw materials, including fruits, vegetables, steel, and labor[134] - Crude oil prices are impacting distribution, packaging, and energy costs[134] - The company is experiencing an overall labor shortage, affecting recruitment and retention of employees[134] - There is a need for successful implementation of sales price increases and cost-saving measures to offset rising costs[134] - Competition and changes in consumer preferences are affecting demand for the company's products[134] - The company is at risk of losing significant customers or experiencing substantial reductions in orders[134] Strategic Initiatives - The Company believes its operations and existing liquidity sources will satisfy cash requirements for at least the next twelve months[113] - The Company utilized its Receivables Purchase Program to manage short-term liquidity and provide working capital flexibility[109] - The Company plans to seek strategic acquisitions to leverage existing capabilities and further build upon its business[109] - The ability to integrate acquisitions into operations is crucial for the company's expansion strategy[134] Regulatory and Financial Risks - The effective tax rate for the nine months ended December 27, 2025, was 23.6%, up from 23.2% in the prior year, primarily due to lower federal credits and higher earnings[107] - The company is exposed to fluctuations in interest rates related to its revolving credit facility and Amended Term Loan A-2[135] - The company utilizes both fixed and variable interest rate debt to manage interest rate risk[135] - Compliance with U.S., foreign, and local governmental regulations remains a significant concern for the company[134]