Frequency Electr Stock Price, News & Analysis

Frequency Electronics (NASDAQ:FEIM) reported strong financial results for Q3 FY2025. Revenue reached $18.9 million for Q3 and $49.8 million for the nine months, showing significant growth from $13.7M and $39.7M in FY2024 respectively.

Operating income improved to $3.5 million for Q3 and $8.5 million for nine months, compared to a $0.5M loss and $2.5M gain in FY2024. Net income surged to $15.4 million ($1.60 per share) in Q3 and $20.5 million ($2.14 per share) for nine months.

The company maintains a strong backlog of $73 million and achieved impressive gross margins of 44% for Q3. Satellite payloads represented 59% of Q3 revenue at $11.2M, while government/DOD customers accounted for 39% at $7.4M. R&D spending increased to 9% of revenue as the company expands into quantum sensors and proliferated satellite markets.

Frequency Electronics (NASDAQ: FEIM) has announced its upcoming Third Quarter Fiscal 2025 financial results conference call, scheduled for Thursday, March 13, 2025, at 4:30 PM ET. The call will discuss results for the quarter ended January 31, 2025.

The conference call will be accessible via webcast through Issuer Direct and the company's website. Investors can join by dialing 888-506-0062 (US) or 973-528-0011 (International) with access code 170932. A replay will be available for one week and accessible through June 13, 2025.

Frequency Electronics is a leading manufacturer of precision timing, frequency generation, and RF control products for space and terrestrial applications. The company serves commercial, government, and military systems through its divisions FEI-Zyfer and FEI-Elcom Tech, providing GPS timing and electronic warfare sub-systems.

Frequency Electronics (NASDAQ:FEIM) has announced its participation in the 27th Annual Needham Growth Conference, scheduled for January 14-17, 2025. CEO Tom McClelland will deliver a presentation on Wednesday, January 15 at 8:00 AM, followed by one-on-one meetings with management from 8:45 AM to 6:00 PM.

FEI specializes in high-precision timing, frequency generation, and RF control products for space and terrestrial applications. Their technology is utilized in satellite payloads, C4ISR systems, electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, and various network applications. Through its subsidiaries, FEI-Zyfer provides GPS and secure timing solutions, while FEI-Elcom Tech delivers EW sub-systems and RF/microwave products.

The company has earned over 100 excellence awards for its electronic assemblies across more than 150 space and DOD programs. FEI maintains a strong focus on R&D to expand its capabilities and market presence.

Frequency Electronics (NASDAQ:FEIM) has secured multiple contracts worth approximately $11 million to provide specialized precision quartz oscillators, synthesizers, and receivers for aerospace programs. The deliveries are scheduled through 2026, with initial shipments beginning in 2025. The quartz oscillators will be utilized in navigation and timing systems, ensuring high-accuracy performance under extreme conditions.

These contracts demonstrate FEI's continued leadership in the high-performance frequency control industry and its commitment to supporting critical aerospace and defense programs. The company's products are recognized for their reliability, stability, and precision in space and defense applications.

Frequency Electronics (NASDAQ:FEIM) reported strong Q2 FY2025 financial results with revenues of $15.8 million for the quarter and $30.9 million for the six months, marking significant increases from $13.6 million and $26.0 million in the same periods of FY2024. Operating income rose to $2.6 million for Q2 and $5.0 million for the six months, compared to $0.9 million and $3.0 million in the previous year.

The company achieved record-high backlog of $81 million, up from $78 million at fiscal year-end. Gross margins were strong at 48% for Q2 and 46% for H1 FY2025. Satellite payload revenues represented 59% of consolidated revenues, while non-space U.S. Government/DOD customers accounted for 37%. The company remains debt-free despite increased R&D spending at 10% of revenue.

Frequency Electronics (NASDAQ: FEIM) has scheduled its second quarter fiscal 2025 financial results conference call for Tuesday, December 10, 2024, at 4:30 PM ET. The call will be accessible via webcast through Issuer Direct and can be found in the Investor Relations section of the company's website.

Investors can join by dialing 888-506-0062 (domestic) or 973-528-0011 (international) using access code 685880. A replay will be available for one week and can be accessed through the company's website until March 10, 2025.

FEI specializes in precision timing, frequency generation, and RF control products for space and terrestrial applications, serving commercial, government, and military systems including C4ISR, electronic warfare, and GPS applications.

Frequency Electronics (NASDAQ:FEIM) has appointed its current CEO, Dr. Thomas McClelland, to the Company's Board of Directors, effective immediately. McClelland, who has been with FEI for 40 years, served as Interim President and CEO from July 2022 to January 2023 before becoming permanent President and CEO. As the company's former Chief Scientist, he led research efforts for over 20 years and is recognized as a leading expert in precision timing and space applications.

Board Chair General Lance W. Lord highlighted McClelland's successful leadership and emphasized the strategic importance of his expertise at the board level, particularly for advancing opportunities in quantum sensing, small-satellite programs, and navigation technologies. McClelland expressed commitment to continuing FEI's growth trajectory in revenue, profitability, and cash generation while investing in next-generation programs.

Frequency Electronics, Inc. (NASDAQ: FEIM) reported strong financial results for Q1 FY2025. Revenue increased by 22% to $15.1 million, compared to $12.4 million in Q1 FY2024. Operating income rose 15% to $2.4 million, with net income of $0.25 per diluted share, up from $0.22 in the previous year. The company's backlog stands at a historically high $70 million, slightly down from $78 million at FY2024 end but substantially higher than previous years. Satellite payload revenues grew significantly, accounting for 55% of total revenue. FEI declared a special cash dividend of $1.00 per share, totaling approximately $9.6 million.

Frequency Electronics (NASDAQ: FEIM) has announced its first quarter fiscal 2025 financial results conference call, scheduled for Tuesday, September 10, 2024, at 4:30 PM ET. The call will be webcast and accessible via the company's website. Investors can also dial in using provided numbers and access codes.

FEI is a leader in high-precision timing, frequency generation, and RF control products for space and terrestrial applications. The company's products are used in satellite payloads, military systems, GPS, secure communications, and various network technologies. FEI has received over 100 awards for its contributions to space and DOD programs and continues to invest in research and development to expand its capabilities and markets.