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.
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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.
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.
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.
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.
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.
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.
