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Frequency Electr - FEIM STOCK NEWS

Welcome to our dedicated page for Frequency Electr news (Ticker: FEIM), a resource for investors and traders seeking the latest updates and insights on Frequency Electr stock.

Overview of Frequency Electronics Inc

Frequency Electronics Inc (symbol: FEIM) is a highly specialized company engaged in the design, development, and manufacturing of advanced frequency control and precision-timing solutions. With a rich legacy in producing instruments that measure electricity and manage critical timing functions, the company stands out by serving a wide range of markets that include space, air, sea, and ground-based applications. Its products are integral to the operation of communication satellites, terrestrial cellular networks, and strategic defense systems, underscoring its relevance in both commercial and governmental sectors. Industry-specific keywords such as frequency control, precision-timing, and quantum sensing are embedded in its product portfolio, reflecting its deep expertise and commitment to technological innovation.

Business Segments and Core Operations

The company's operations are segmented into FEI-NY and FEI-Zyfer, with the former constituting the majority of its revenue stream. The FEI-NY segment focuses on the production of state-of-the-art time and frequency control products that are critical in high-demand areas such as communications satellites, cellular network infrastructures, and an array of military and defense systems. Meanwhile, the FEI-Zyfer segment complements these operations by exploring niche areas where precise measurement instrumentation is required, further enhancing the comprehensive solutions offered by the company. The integration of these segments has allowed Frequency Electronics Inc to establish itself as a prominent player within its industry, comfortably balancing innovation with reliability.

Technological Expertise and Industry Position

Frequency Electronics Inc is distinguished by its rigorous attention to engineering excellence and quality control. The company’s high-precision instruments are designed to meet demanding standards essential for reliable operation in critical applications. This technical expertise not only drives performance in highly competitive markets but also reinforces the company’s commitment to advancing measurement technologies, particularly in emerging areas such as quantum sensing. By facilitating collaboration between academic researchers, government institutions, and industry stakeholders, it continually refines its technical acumen and remains at the forefront of evolving technology trends.

Market Focus and Competitive Landscape

Positioned primarily in sectors that demand uncompromising precision, Frequency Electronics Inc serves an array of clients, ranging from commercial satellite operators to government defense agencies. The company’s strategic focus on high-value segments, such as communications satellites and terrestrial telecommunication stations, enables it to cater to a market where performance and reliability are paramount. Its competitive advantage is built on decades of practical engineering knowledge and an ability to integrate complex measurement systems into reliable, cost-effective solutions. While the company faces competition from other high-tech instrumentation and electronics players, its specialized approach and diversified product range help maintain its unique market position.

Commitment to Innovation and Collaboration in Quantum Sensing

In addition to its core operations, Frequency Electronics Inc is actively involved in the research and development of quantum sensing technologies. Recent initiatives, exemplified by its participation and presentations at summits focused on quantum sensing, illustrate its forward-thinking approach in bridging advanced research with practical deployment. This engagement supports a broader industry shift towards more integrated, high-performance sensing systems and signifies the company’s proactive stance in exploring cutting-edge technological possibilities. It reflects a broader commitment to not only serve current market needs but also to stimulate meaningful cross-sector dialogue and collaboration.

Understanding the Value Proposition

At its essence, Frequency Electronics Inc enhances communications and defense systems through its precision instrumentation. The ability to provide reliable, high-accuracy timing and frequency control products confers a distinctive competitive edge in markets where even minor deviations can result in significant operational impact. By consistently delivering products that meet rigorous technological standards, the company builds trust among its diverse range of clients, ranging from government agencies to commercial operators. This reliability is a cornerstone of its value proposition, underscoring the critical nature of accurate measurement and control in modern technology applications.

Conclusion

In summary, Frequency Electronics Inc exemplifies advanced engineering capabilities within the realms of timing, frequency control, and measurement instrumentation. Its dual-segment business model, commitment to quality, and active role in innovations such as quantum sensing collectively underscore its significance in the high-tech arena. The comprehensive approach taken by the company not only addresses current market needs but also enriches the knowledge base across critical sectors, making it an informative subject of study for investors and industry analysts alike.

Rhea-AI Summary

Frequency Electronics, Inc. (NASDAQ: FEIM) has declared a special cash dividend of $1.00 per share of common stock, payable on August 29, 2024, to stockholders of record as of August 8, 2024. The total dividend payment will be approximately $9.4 million. CEO Tom McClelland highlighted the company's improved profitability and cash generation, allowing for this dividend while maintaining investment capacity. FEI remains debt-free and focuses on sustained profitability. The company specializes in high-precision timing, frequency generation, and RF control products for space and terrestrial applications, serving commercial, government, and military systems.

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Frequency Electronics (NASDAQ: FEIM) has announced its fiscal year 2024 financial results conference call, scheduled for Monday, July 22, 2024, at 4:30 PM Eastern Time. The call will be webcast by Issuer Direct and accessible via the company's website. Investors can also dial in using provided numbers and access codes.

Frequency Electronics is a leader in precision timing, frequency generation, and RF control products for space and terrestrial applications. The company's products are used in satellite payloads, government and military systems, and various commercial applications. With over 100 awards for excellence, Frequency Electronics continues to invest in research and development to expand its capabilities and markets.

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Frequency Electronics, Inc. (FEIM) reported program charges impacting gross margins in Q4 2023 but expects revenue recovery of $1.2 million in 2024, leading to normal or higher gross margins.
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Frequency Electronics, Inc. reports revenue growth in fiscal year 2024, with operating income increasing and net income turning positive. The company's backlog reaches an all-time high of $67 million, driven by contract wins. Despite an operating loss in the quarter due to technical challenges, the company remains optimistic about future profitability and cash flow.
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Frequency Electronics, Inc. (FEIM) will discuss its Q3 fiscal year 2024 results in a conference call on March 14, 2024. The call details and replay information are provided in the press release.
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Frequency Electronics, Inc. (FEI) reported revenues of $13.6 million and $26.0 million for the three- and six-month periods of fiscal 2024, reflecting substantial growth from the same periods of fiscal year 2023. Operating income for Q2 of fiscal year 2024 was $0.9 million compared to an operating loss of $2.3 million in Q2 of fiscal year 2023. Net income from operations for the same periods in 2023 was $0.8 million and $2.9 million, respectively, compared to net losses in 2022. The President and CEO expressed confidence in the company's positive trajectory, with a backlog of $49.7 million and significant contract wins driving future growth.
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Frequency Electronics, Inc. (NASDAQ: FEIM) will hold a conference call to discuss its fiscal year 2023 second-quarter results on December 12, 2023, at 4:30 PM Eastern Time. The call will be webcast and can be accessed on the company's Investor Relations section of its website. Investors and analysts can also join via phone. A replay will be available for one week after the call, with continued access through a link on the company's website until March 12, 2024.
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Frequency Electronics, Inc. (FEI) has been awarded a $9M multi-year contract to deliver advanced atomic clocks for a satellite navigation system for a new non-US government customer. The contract includes options with a potential production value of more than $70 million over the next 5 to 6 years, highlighting FEI's strength in atomic standards technologies for commercial and military satellite applications.
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Frequency Electronics, Inc. (NASDAQ-FEIM) secures a $19m contract from a major U.S. aerospace prime contractor to supply precision frequency-generation systems for a multi satellite program. The contract entails the development, manufacture, testing, and delivery of state-of-the-art frequency generators and microwave synthesizers within 24 months, enhancing mission effectiveness for the spacecraft platforms.
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Frequency Electronics, Inc. (NASDAQ: FEIM) has announced a $25m contract award to deliver precision frequency-generation systems for a national security satellite program, demonstrating the company's ability to provide high-performance space qualified systems. The contract aims to enhance the mission effectiveness of the satellites and support the US government's goal of achieving a more resilient space presence. FEI will develop, manufacture, test, and deliver the state-of-the-art frequency generation system within less than 24 months, showcasing their commitment to timely delivery. This significant award reflects the company's optimism and expertise in next-generation systems, building on their 62-year track record of proven technology in government and commercial satellite programs.
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FAQ

What is the current stock price of Frequency Electr (FEIM)?

The current stock price of Frequency Electr (FEIM) is $13.98 as of March 11, 2025.

What is the market cap of Frequency Electr (FEIM)?

The market cap of Frequency Electr (FEIM) is approximately 137.0M.

What is the core business of Frequency Electronics Inc?

Frequency Electronics Inc specializes in designing, developing, and manufacturing high-precision timing and frequency control products for applications in communications, defense, and advanced measurement systems.

Which market segments does the company serve?

The company operates primarily in sectors such as communications satellites, terrestrial telecommunication networks, and military systems, leveraging its FEI-NY and FEI-Zyfer segments to address diverse market needs.

How does Frequency Electronics generate its revenue?

A significant portion of its revenue comes from the FEI-NY segment, which focuses on precision time and frequency control products used in satellite communications and various defense-related applications.

What are the key technology areas the company focuses on?

The company is known for high-precision instrumentation in frequency control and timing, with additional emphasis on emerging areas like quantum sensing and advanced measurement technologies.

How is the company positioned within its competitive landscape?

Frequency Electronics Inc is distinguished by its deep engineering expertise and innovative product portfolio, catering to niche markets that demand reliable and accurate timing solutions, thereby setting it apart from competitors.

What does the company’s involvement in quantum sensing indicate?

Its engagement in quantum sensing demonstrates a commitment to innovation and collaboration, as the company bridges advanced research with practical applications to enhance measurement precision and overall system performance.

How does Frequency Electronics support critical communication systems?

The company’s products are essential for maintaining precise timing in communication satellites, ground-based cellular networks, and military applications, ensuring reliability and operational excellence across these platforms.

How does the company maintain its industry expertise?

Through a continuous focus on cutting-edge technology, rigorous quality control, and strategic participation in industry summits and collaborative forums, Frequency Electronics Inc reinforces its reputation for expertise and reliability.
Frequency Electr

Nasdaq:FEIM

FEIM Rankings

FEIM Stock Data

136.96M
6.44M
32.84%
52.27%
0.22%
Communication Equipment
Instruments for Meas & Testing of Electricity & Elec Signals
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United States
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