Earnings summaries and quarterly performance for FREQUENCY ELECTRONICS.
Executive leadership at FREQUENCY ELECTRONICS.
Board of directors at FREQUENCY ELECTRONICS.
Research analysts who have asked questions during FREQUENCY ELECTRONICS earnings calls.
George Marema
Pareto Ventures
7 questions for FEIM
Also covers: CSBR, DAIO
Tim Hasara
Sinnet Capital
2 questions for FEIM
Brett Reiss
Not specified in transcript
1 question for FEIM
Also covers: ACTG, ASPU, BKTI +2 more
Jon deRoy Gruber
Gruber McBaine
1 question for FEIM
Robert Smith
Center of Performance Investing
1 question for FEIM
Also covers: ODC, SMP
Recent press releases and 8-K filings for FEIM.
Frequency Electronics Reports Q1 2026 Results with Revenue Decline Attributed to Delays
FEIM
Earnings
Share Buyback
New Projects/Investments
- Frequency Electronics reported Q1 fiscal year 2026 consolidated revenue of $13.8 million and net income of $634,000, or $0.07 per share, a decrease compared to the prior fiscal year.
- The decrease in revenue was primarily due to customer-driven program delays, but this revenue is expected to be recognized in upcoming quarters, predominantly within the current fiscal year.
- The company's funded backlog remained strong at approximately $71 million at the end of July 2025, slightly up from $70 million at the end of April 2025.
- Frequency Electronics announced a $20 million authorization for the repurchase of shares and maintains a debt-free balance sheet with $30 million in working capital as of July 31, 2025.
- Strategic investments include opening an engineering facility in Boulder, Colorado, to support quantum sensing and ongoing programs, with anticipated positive contribution to the bottom line by the third quarter of this fiscal year.
Sep 11, 2025, 8:30 PM
Frequency Electronics Reports Q1 Fiscal 2026 Results and Announces Share Repurchase Authorization
FEIM
Earnings
Share Buyback
New Projects/Investments
- Frequency Electronics reported Q1 fiscal year 2026 consolidated revenue of $13.8 million, with net income of $634,000, or $0.07 per share, a decrease from the prior year. This decline was primarily attributed to customer-driven program delays, which are not expected to result in overall program revenue reductions, with the shortfall anticipated to be made up in upcoming quarters.
- The company's funded backlog remained strong at approximately $71 million at the end of July 2025.
- FEIM announced a $20 million authorization for the repurchase of shares.
- The company is investing in future growth, including opening a new engineering facility in Boulder, Colorado, focused on quantum sensing, and is developing prototypes for the Mercury Ion atomic clock and Envi Diamond magnetometer.
Sep 11, 2025, 8:30 PM
Frequency Electronics Reports Q1 2026 Results
FEIM
Earnings
Share Buyback
New Projects/Investments
- Frequency Electronics reported consolidated revenue of $13.8 million for the three months ending July 31, 2025 (Q1 FY2026), down from $15.1 million in the same period of the prior fiscal year. Consolidated net income for Q1 FY2026 was $634,000, or $0.07 per share, compared to $2.4 million, or $0.25 per share, in the prior year period.
- The decrease in revenue was primarily due to customer-driven delays on key programs, which are not expected to result in overall program revenue reductions and are anticipated to be recovered in upcoming quarters, predominantly within the current fiscal year.
- The company's fully funded backlog remained strong at approximately $71 million at the end of July 2025, compared to $70 million at April 30, 2025. Frequency Electronics also maintains a debt-free balance sheet with a strong working capital position of approximately $30 million.
- The company announced a $20 million authorization for the repurchase of shares and is investing in future growth, including opening an engineering facility in Boulder, Colorado, for quantum sensing, which is expected to contribute positively to the bottom line by Q3 FY2026.
Sep 11, 2025, 8:30 PM
Frequency Electronics Reports Q1 FY2026 Results and Authorizes Share Repurchase
FEIM
Earnings
Share Buyback
New Projects/Investments
- Frequency Electronics reported consolidated revenue of $13.8 million for the first quarter of fiscal year 2026 (three months ending July 31, 2025), a decrease from $15.1 million in the prior fiscal year, and consolidated net income of $634,000, or $0.07 per share, down from $2.4 million, or $0.25 per share. The revenue decline was primarily due to customer-driven program delays, with the shortfall expected to be recovered in upcoming quarters.
- The company announced a $20 million authorization for the repurchase of shares and maintains a strong financial position with a debt-free balance sheet and a fully funded backlog of approximately $71 million as of July 31, 2025.
- FEIM is investing in future growth, including opening a new engineering facility in Boulder, Colorado, to support quantum sensing initiatives, and is developing advanced technologies such as the Mercury Ion atomic clock and Envi Diamond magnetometer, with prototypes for the latter expected by mid-next calendar year.
Sep 11, 2025, 8:30 PM
Frequency Electronics Announces Q1 Fiscal Year 2026 Financial Results and Share Repurchase Authorization
FEIM
Earnings
Share Buyback
Demand Weakening
- Frequency Electronics, Inc. (FEIM) reported Q1 fiscal year 2026 revenue of $13.8 million and net income of $0.6 million or $0.07 per diluted share, a decrease compared to Q1 fiscal year 2025 revenue of $15.1 million and net income of $2.4 million or $0.25 per diluted share.
- The company's Board of Directors approved a new $20 million share repurchase authorization on September 9, 2025, which replaces the previous authorization.
- Management attributed the Q1 fiscal year 2026 declines in revenue and operating income to a timing issue and customer-driven delays, not cancellations, and anticipates these programs will contribute positively to revenue and operating profit in future quarters.
- Backlog increased to approximately $71 million at July 31, 2025, from $70 million at April 30, 2025, and the company is actively bidding on new, potentially larger programs.
Sep 11, 2025, 8:16 PM
Frequency Electronics Announces Q1 Fiscal Year 2026 Financial Results and Share Repurchase Authorization
FEIM
Earnings
Share Buyback
New Projects/Investments
- Frequency Electronics, Inc. reported revenue of $13.8 million for the first quarter of fiscal year 2026, ended July 31, 2025, a decrease from $15.1 million in the same period of fiscal year 2025.
- Net income from operations for Q1 fiscal year 2026 was $0.6 million, or $0.07 per diluted share, compared to $2.4 million, or $0.25 per diluted share, in Q1 fiscal year 2025.
- The company announced a $20 million share repurchase authorization.
- Backlog at July 31, 2025, was approximately $71 million, a slight increase from $70 million at April 30, 2025.
- Management attributed the Q1 declines to timing issues and customer-driven delays, expecting these programs to contribute positively to revenue and operating profit in coming quarters.
Sep 11, 2025, 8:05 PM
FEI-Zyfer Announces Contract Award for Patriot Missile System
FEIM
New Projects/Investments
- FEI-Zyfer, a wholly-owned subsidiary of Frequency Electronics, Inc. (FEIM), has been awarded a contract by the Defense Logistics Agency - Aviation Division.
- The contract is for additional systems that support the Patriot Missile system.
- The base year (Year 1) of the contract is valued at $3.14 million, with a period of performance through October 30, 2026.
- The contract also includes delivery options for Year 2 of $1.71 million and Year 3 of $1.80 million.
Aug 25, 2025, 1:00 PM
Frequency Electronics Clarifies TURbO Revenue Expectations
FEIM
Guidance Update
Product Launch
Revenue Acceleration/Inflection
- Frequency Electronics, Inc. (FEIM) clarified that its expected near-term revenue from the TURbO compact rubidium atomic clock for FY2026 is $1M to $2M, based on orders already received.
- The company anticipates a significant market for TURbO, with a potential growing market of $20M or more in FY2027, driven by expanded use cases like drone applications and the Department of Defense's focus on drone manufacturing and use.
Jul 11, 2025, 4:45 PM
Frequency Electronics Reports Record Q4 2025 Revenue and Strong FY2025 Net Income
FEIM
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Frequency Electronics reported consolidated revenue of $69.8 million for the fiscal year ended April 30, 2025, a significant increase from $55.3 million in the prior fiscal year, with Q4 2025 marking the highest revenue quarter in 25 years.
- For the fiscal year ended April 30, 2025, the company's consolidated net income was $23.7 million, or $2.46 per share, compared to $5.6 million, or $0.59 per share, in the previous fiscal year.
- The company's fully funded backlog was approximately $70 million as of April 2025, and it maintains a debt-free balance sheet with a strong working capital position of approximately $30 million.
- FEIM is actively pursuing growth opportunities in areas like Golden Dome, Alternate Position Navigation and Timing (APNT), GPS enhancements, and quantum sensing, with R&D expense increasing to $6.1 million in FY2025 from $3.4 million in FY2024, and future R&D investment expected to be in line with or above historical spending.
- Management anticipates short-term variability in contract timing but expects medium-term growth (2-5 years) and is targeting a gross margin of 40% or more for the coming fiscal year.
Jul 10, 2025, 11:00 PM
Quarterly earnings call transcripts for FREQUENCY ELECTRONICS.
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