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.
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.
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.
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.
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.
FEIM delivers strong fiscal Q2 earnings due to 16.5% revenue growth, improved margins and record-high backlog, driven by satellite sector gains.
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.
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.
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.
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.
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.
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.