Frequency Electronics, Inc. Announces First Quarter Fiscal Year 2025 Financial Results
Frequency Electronics, Inc. (FEIM)
US:NASDAQ Investor Relations:
ir.freqelec.com/home
Company Research
Source: GlobeNewswire
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. FEI President and CEO, Tom McClelland commented, “Revenue for the first quarter of fiscal year 2025 increased by 22%, and operating income improved by 15% compared to the first quarter of fiscal year 2024. We believe profits and margins should continue to increase going forward, due to both our disciplined interna
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News
- Frequency Electronics, Inc.'s (NASDAQ:FEIM) largest shareholders are retail investors with 37% ownership, institutions own 32% [Yahoo! Finance]Yahoo! Finance
- Frequency Electronics, Inc. (NASDAQ: FEIM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Frequency Electronics, Inc. (NASDAQ: FEIM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Frequency Electronics Q1 Earnings Rise Y/Y on Satellite Payload Growth [Yahoo! Finance]Yahoo! Finance
- Frequency Electronics, Inc. (FEIM) Q1 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
FEIM
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- FEIM's page on the SEC website