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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 exp...
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 yea...
MITCHEL FIELD, N.Y., March 13, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the third quarter of its fiscal year 2024, ended January 31, 2024, on Thursday, March 14, 2024, at 4:30 PM Eastern Time.
Frequency Electronics has announced a series of contracts totaling $44 million in a single month, which, if delivered as intended, could significantly increase revenue. Management expects gross margins to reach 50% within the next year, which, combined with the revenue growth, could lead to substantial earnings growth. A change in management in 2022 has led to a significant increase in revenues...
Frequency Electronics (NASDAQ: FEIM ) just reported results for the second quarter of 2024. Frequency Electronics reported earnings per share of 8 cents.
Frequency Electronics, Inc. (NASDAQ:FEIM ) Q2 2024 Earnings Call Transcript December 12, 2023 4:30 PM ET Company Participants Thomas McClelland - President and CEO Steve Bernstein - CFO Conference Call Participants Brett Reiss - Janney Tim Hasara - Sinnet Capital George Marema - Pareto Ventures Jeffrey Cohen - Mulholland Capital Management Operator Greetings and welcome to the Frequency Electro...
MITCHEL FIELD, N.Y., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and six-month periods of fiscal 2024, ended October 31, 2023, of approximately $13.6 million and $26.0 million, respectively, compared to revenues of $8.9 million and $17.2 million, respectively, for the same periods of fiscal year 2023, ...
MITCHEL FIELD, N.Y., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2023, ended October 31, 2023, on Tuesday December 12, 2023, at 4:30 PM Eastern Time.
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