| Buy Frequency Electronics' Healthy Backlog On High-Precision Timing Applications |
FEIM specializes in vertically integrated high-precision timing, synchronization, and navigation products. This is useful for aerospace, defense, and critical infrastructure. However, almost 98% of its revenues are government-dependent through satellite payloads and defense systems. So there are significant concentration risks. FEIM is also pivoting into quantum sensing, small-satellite constellations, GPS-denied navigation, hypersonics, and human-machine interfaces. |
seekingalpha.com |
2025-05-16 13:48:44 |
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| Frequency Electronics Gets Leidos Subcontract for Nitrogen Vacancy Diamond Magnetometer |
Frequency Electronics said it has been awarded a subcontract from Leidos to develop a nitrogen vacancy diamond magnetometer to detect magnetic fields. |
marketwatch.com |
2025-03-27 19:53:00 |
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| Frequency Electronics Awarded Subcontract from Leidos to Develop Advanced Nitrogen Vacancy Diamond Magnetometer for DIU's Transition Quantum Sensing Program |
MITCHEL FIELD, N.Y., March 27, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency technology, today announced it has been awarded a subcontract from Leidos (NYSE: LDOS) to develop a next-generation Nitrogen Vacancy (NV) Diamond Magnetometer. |
globenewswire.com |
2025-03-27 18:02:00 |
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| Frequency Electronics, Inc. Recognized by Northrop Grumman with Supplier Excellence Award |
MITCHEL FIELD, N.Y., March 19, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that Northrop Grumman Corporation (NYSE:NOC) has recognized Frequency Electronics Inc. (NASDAQ-FEIM) as one of its top supplier partners during the company's Supplier Excellence Awards. |
globenewswire.com |
2025-03-19 09:44:00 |
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| FEIM Posts Strong Q3 Earnings Y/Y Growth, Shares Up 10% |
Frequency Electronics reports fiscal Q3 earnings of $1.60 per share, a significant increase year over year, driven by higher satellite payload revenues and improved margins despite government funding delays. |
zacks.com |
2025-03-18 16:35:18 |
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| Frequency Electronics, Inc. (FEIM) Q3 2025 Earnings Call Transcript |
Frequency Electronics, Inc. (NASDAQ:FEIM ) Q3 2025 Earnings Conference Call March 13, 2025 4:30 PM ET Company Participants Thomas McClelland - President and Chief Executive Officer Steven Bernstein - Chief Financial Officer Conference Call Participants George Marema - Pareto Ventures Michael Eisner - Private Investor Robert Smith - Center of Performance Investing Operator Greetings, and welcome to the Frequency Electronics' Third Quarter Fiscal 2025 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-03-13 20:19:03 |
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| Frequency Electronics, Inc. Announces Third Quarter and Fiscal Year 2025 Financial Results |
MITCHEL FIELD, N.Y., March 13, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three and nine months ended January 31, 2025, of approximately $18.9 million and $49.8 million, respectively, compared to revenues of $13.7 million and $39.7 million, for the same period of fiscal year 2024, ended January 31, 2024. Operating income for the three and nine months ended was $3.5 million and $8.5 million, respectively, compared to an operating loss of $0.5 million and operating income of $2.5 million for the same period of fiscal year 2024. Net Income from operations for the three and nine months ended January 31, 2025 was $15.4 million or $1.60 per diluted share and $20.5 million or $2.14 per diluted share, respectively, compared to a net income from operations for the three and nine months ended January 31, 2024 of $0.1 million or $0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively. |
globenewswire.com |
2025-03-13 18:02:00 |
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| Frequency Electronics Announces Third Quarter Fiscal 2025 Financial Results Conference Call: Thursday, March 13, 2025, at 4:30 PM ET |
MITCHEL FIELD, N.Y., March 11, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the third quarter of its fiscal year 2025, ended January 31, 2025, on Thursday, March 13, 2025, at 4:30 PM Eastern Time. |
globenewswire.com |
2025-03-11 18:26:00 |
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| Frequency Electronics: Strong Legacy Business With Significant Upside From Quantum Sensors |
Frequency Electronics excels in precision time and frequency tech, showing strong legacy business performance and record backlog, driving a recent share price hike. Quantum sensors are pivotal for Frequency's future, leveraging atomic clock expertise to capture market share in the burgeoning quantum computing industry. Revenue for Q2 2025 was robust, with a record backlog of $81 million, supporting a revenue projection of $75 million for fiscal 2025. |
seekingalpha.com |
2025-01-21 10:05:31 |
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| Frequency Electronics Inc. To Present at 27th Annual Needham Conference |
MITCHEL FIELD, N.Y., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that members of its management team will participate in the 27th Annual Needham Growth Conference, taking place January 14 – January 17, 2025. Tom McClelland, FEI's CEO will make a presentation on Wednesday, January 15 at 8:00 AM, and FEI management will host one on one conferences between 8:45 AM and 6:00 PM on Wednesday. |
globenewswire.com |
2025-01-09 18:01:00 |
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| Frequency Electronics Inc. Awarded Contracts for Quartz Oscillators, Synthesizers, and Receivers |
MITCHEL FIELD, N.Y., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that it has been awarded several significant contracts to supply specialized precision quartz oscillators, synthesizers, and receivers for aerospace programs. The total value of these contracts is approximately $11 million, with deliveries scheduled through 2026. These contracts highlight FEI's continued leadership in the high-performance frequency control industry and underscore the company's long-standing commitment to supporting critical aerospace and defense programs. The quartz oscillators will play a key role in navigation and timing systems, contributing to the overall success of the missions by ensuring highly accurate performance under extreme conditions. FEI's quartz oscillators are renowned for their reliability, stability, and precision—critical attributes for applications in space and defense. These contracts reflect FEI's expertise in providing tailored, mission-critical components that meet the rigorous demands of the aerospace and defense sectors. |
globenewswire.com |
2024-12-18 10:50:00 |
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| Frequency Electronics Stock Rises 26% Since Q2 Earnings Release |
FEIM delivers strong fiscal Q2 earnings due to 16.5% revenue growth, improved margins and record-high backlog, driven by satellite sector gains. |
zacks.com |
2024-12-12 14:46:11 |
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| Frequency Electronics, Inc. (FEIM) Q2 2025 Earnings Call Transcript |
Frequency Electronics, Inc. (NASDAQ:FEIM ) Q2 2025 Earnings Conference Call December 10, 2024 4:30 PM ET Company Participants Thomas McClelland - President and Chief Executive Officer Steven Bernstein - Chief Financial Officer Conference Call Participants George Marema - Pareto Ventures Tim Hasara - Sinnet Capital Operator Greetings, and welcome to the Frequency Electronics Second Quarter Fiscal 2025 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-12-10 22:59:35 |
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| Frequency Electronics, Inc. Announces Second Quarter and Fiscal Year 2025 Financial Results |
MITCHEL FIELD, N.Y., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three and six months ended October 31, 2024, of approximately $15.8 million and $30.9 million, respectively, compared to revenues of $13.6 million and $26.0 million, for the same period of fiscal year 2024, ended October 31, 2023. Operating income for the three and six months ended October 31, 2024 was $2.6 million and $5.0 million, respectively, compared to operating income of $0.9 million and $3.0 million for the same period of fiscal year 2024. Net Income from operations for the three and six months ended October 31, 2024 was $2.7 million or $0.28 per diluted share and $5.1 million or $0.53 per diluted share, respectively, compared to a net income from operations for the three and six months ended October 31, 2023 of $0.8 million or $0.08 per diluted share and $2.9 million or $0.30 per diluted share, respectively. |
globenewswire.com |
2024-12-10 18:02:00 |
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| Frequency Electronics Announces Second Quarter Fiscal 2025 Financial Results Conference Call: Tuesday, December 10, 2024, at 4:30 PM ET |
MITCHEL FIELD, N.Y., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2025, ended October 31, 2024, on Tuesday, December 10, 2024, at 4:30 PM Eastern Time. |
globenewswire.com |
2024-12-06 18:01:00 |
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| Frequency Electronics Q1 Earnings Rise Y/Y on Satellite Payload Growth |
FEIM reports a strong Q1 for fiscal 2025, with EPS and revenues rising 14% and 22%, respectively. Growth in satellite payloads and improved margins offset a dip in government sales. |
zacks.com |
2024-09-11 15:51:07 |
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| Frequency Electronics, Inc. (FEIM) Q1 2025 Earnings Call Transcript |
Frequency Electronics, Inc. (NASDAQ:FEIM ) Q1 2025 Earnings Conference Call September 10, 2024 4:30 PM ET Company Participants Thomas McClelland - President and Chief Executive Officer Steven Bernstein - Chief Financial Officer Conference Call Participants George Marema - Pareto Ventures Jon Gruber - Gruber & Mcbaine Capital Management Tim Hasara - Sinnet Capital Management Operator Greetings, and welcome to the Frequency Electronics First Quarter Fiscal 2025 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-09-11 02:50:02 |
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| Frequency Electronics, Inc. Announces First Quarter Fiscal Year 2025 Financial Results |
MITCHEL FIELD, N.Y., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the first quarter ended July 31, 2024, of approximately $15.1 million, compared to revenues of $12.4 million, for the same period of fiscal year 2024, ended July 31, 2023. Operating income for the first quarter of fiscal year 2025 was $2.4 million compared to operating income of $2.1 million for the same period of fiscal year 2024. Net Income from operations was $2.4 million or $0.25 per diluted share compared to a net income from operations of $2.0 million or $0.22 per diluted share for the first quarter of fiscal year 2024. |
globenewswire.com |
2024-09-10 20:05:00 |
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| Frequency Electronics Announces First Quarter Fiscal 2025 Financial Results Conference Call: Tuesday, September 10, 2024, at 4:30 PM ET |
MITCHEL FIELD, N.Y., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the first quarter of its fiscal year 2025, ended July 31, 2024, on Tuesday, September 10, 2024, at 4:30 PM Eastern Time. |
globenewswire.com |
2024-09-06 16:17:00 |
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| Frequency Electronics, Inc. Announces Inaugural Quantum Sensing Summit: A Pioneering Event to Shape the Future of Quantum Technology |
MITCHEL FIELD, N.Y., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Today Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is proud to announce the inaugural Quantum Sensing Summit, an exclusive gathering of the brightest minds, leading industry players, and key government decision-makers dedicated to advancing the field of quantum sensing. As both host and sponsor, Frequency Electronics is committed to driving innovation and transforming research discoveries into real-world applications. |
globenewswire.com |
2024-09-06 11:48:00 |
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| Frequency Electronics Thriving In The Paradigm Shift In The Satellite Industry |
Frequency Electronics designs precision time and frequency generation technology for satellites and secure communication, with the majority of revenue coming from U.S. government contracts. The paradigm shift in the satellite industry towards smaller, shorter-lifespan satellites is driving Frequency's success under new leadership. Robust 2024 fiscal year with record revenue, a backlog, and the potential for the stock price to double in the next 12 months. |
seekingalpha.com |
2024-08-15 06:23:29 |
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| 5 Microcaps with Exposure to Defense Spending |
Global defense spending is perking up and these 5 microcaps may benefit. |
zacks.com |
2024-07-30 14:01:25 |
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| Frequency Electronics' (FEIM) Q4 EPS Soars Y/Y, Revenues Rise |
Frequency Electronics (FEIM) reports impressive fiscal Q4 results, with EPS surging to $0.28 from $0.03 last year and revenues rising 20% year over year to $15.6 million, driven by increased satellite payload demand. |
zacks.com |
2024-07-23 18:11:03 |
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| Frequency Electronics, Inc. (FEIM) Q4 2024 Earnings Call Transcript |
Frequency Electronics, Inc. (NASDAQ:FEIM ) Q4 2024 Earnings Call Transcript July 22, 2024 4:30 PM ET Company Participants Thomas McClelland - President and CEO Steve Bernstein - CFO Conference Call Participants Brett Reiss - Janney Montgomery Scott George Marema - Pareto Ventures Jason Ursaner - Bumbershoot Holdings Operator Greetings and welcome to the Frequency Electronics Year-End Fiscal 2024 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-07-22 23:41:04 |
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| Frequency Electronics, Inc. Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results |
MITCHEL FIELD, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- Mitchel Field, NY, July 22, 2024 – Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three and twelve-month periods of fiscal year 2024, ended April 30, 2024, of approximately $15.6 million and $55.3 million, respectively, compared to revenues of $13.0 million and $40.8 million, respectively, for the same periods of fiscal year 2023, ended April 30, 2023. Operating income for the fourth quarter of fiscal year 2024 was $2.5 million compared to an operating income of $0.4 million for the same period of fiscal year 2023. Operating income for the twelve months ended April 30, 2024 was $5.0 million compared to an operating loss of $4.7 million for the twelve months ended April 30, 2023. Net income for the three months ended April 30, 2024 was $2.6 million or $0.28 per diluted share and net income for the twelve months ended April 30, 2024 was $5.6 million or $0.59 per diluted share, compared to net income of $0.2 million or $0.03 per diluted share for the three months ended April 30, 2023 and net loss of $5.5 million or ($0.59) per diluted share for the twelve months ended April 30, 2023. Additionally, as just announced in a separate press release, the Company will be paying a special cash dividend of $1.00 per share of common stock on August 29, 2024, to stockholders of record as of the close of business on August 8, 2024. Please see that release for further details. |
globenewswire.com |
2024-07-22 20:18:00 |
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| Frequency Electronics, Inc. Declares Special Cash Dividend of $1.00 Per Share |
MITCHEL FIELD, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- Today the Board of Directors of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) declared a special cash dividend of $1.00 per share of common stock. The special dividend is payable on August 29, 2024, to stockholders of record as of the close of business on August 8, 2024. Based on the current number of shares outstanding, the total amount of the special dividend payment will be approximately $9.4 million. |
globenewswire.com |
2024-07-22 20:16:00 |
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| Frequency Electronics Announces Year End Fiscal 2024 Financial Results Conference Call: Monday, July 22, 2024, at 4:30 PM ET |
MITCHEL FIELD, N.Y., July 19, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for its fiscal year 2024, ended April 30, 2024, on Monday, July 22, 2024, at 4:30 PM Eastern Time. |
globenewswire.com |
2024-07-19 17:51:00 |
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| Zacks Initiates Coverage of Frequency Electronics With Outperform Recommendation |
Discover why Zacks rates Frequency Electronics as "Outperform," being the first on Wall Street to initiate coverage on the stock. Explore its impressive revenue growth, strategic market positioning, improved operational efficiency and robust liquidity, setting it up for strong future performance. |
zacks.com |
2024-06-11 13:00:37 |
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| Frequency Electronics Issues a Clarification to Yesterday's Earnings Call |
MITCHEL FIELD, N.Y., March 15, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM). On yesterday's earnings call, the Company discussed program charges that adversely affected its gross margins for the quarter ended January 31, 2024. As a result of percentage of completion accounting, these charges included a temporary reversal of revenue. The Company expects to recover approximately $1.2 million of this revenue during this calendar year. Because the costs have been conservatively estimated and already charged, when this revenue is realized, the Company estimates that it will be at normal or higher than average corporate gross margins. |
globenewswire.com |
2024-03-15 11:14:00 |
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| Frequency Electronics, Inc. Announces Third Quarter and Fiscal Year 2024 Financial Results |
MITCHEL FIELD, N.Y., March 14, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three-month and nine-month periods of fiscal 2024, ended January 31, 2024, of approximately $13.7 million and $39.7 million, respectively, compared to revenues of $10.6 million and $27.8 million, respectively, for the same periods of fiscal year 2023, ended January 31, 2023. Operating loss for the third quarter of fiscal year 2024 was $0.5 million compared to an operating income of $0.3 million for the same period of fiscal year 2023. Operating Income for the nine months ended January 31, 2024 was $2.5 million compared to an operating loss of $5.1 million for the nine months ended January 31, 2023. Net Income from operations for the three and nine months ended January 31, 2024 was $0.1 million or $0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively, compared to net losses from operations for the three and nine month ended January 31, 2023 of $0.3 million or ($0.03) per diluted share and $5.7 million or ($0.62) per diluted share, respectively. |
globenewswire.com |
2024-03-14 18:01:00 |
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