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.
Frequency Electronics, Inc. (FEIM) reports fiscal 2022 results for the periods ended October 31, 2021. Revenues for Q2 reached $12.9 million, down from $14.0 million year-over-year, while six-month revenues were $25.9 million versus $26.9 million in the prior year. Operating profit for Q2 improved to $303,000, up from $219,000, but the six-month operating loss widened to $1.4 million. Net income for Q2 was $497,000 or $0.05 per share, contrasting with a net loss of $1.1 million for six months. The company holds $20.6 million in cash and no debt.
Frequency Electronics, Inc. (NASDAQ: FEIM) will hold a conference call on December 9, 2021, at 4:30 PM ET to discuss its second-quarter results for fiscal year 2022, ending October 31, 2021. Investors can join via webcast on the company's Investor Relations page or by phone at 888-506-0062 for domestic and 973-528-0011 for international calls. An archived replay will be available for one week post-call. The company specializes in high-precision timing and frequency generation products for various applications including military and commercial systems.
Frequency Electronics, Inc. (FEIM) announced a contract award for space-qualified precision oscillators worth approximately $5.3 million. This contract is an exercise of options on an existing agreement, with performance extending through October 2024. CEO Stan Sloane expressed satisfaction with the customer's decision, highlighting the contract's importance for integrating FEI products into critical government satellites. Frequency Electronics specializes in high-precision timing and frequency generation products, supporting various military and commercial applications.
Frequency Electronics (NASDAQ: FEIM) announced the award of a contract by the Office of Naval Research to develop the Pulsed Optically-Pumped Rubidium Atomic Frequency Standard (POPRAFS) on September 23, 2021. The contract has a total potential value of approximately $17.75M, with a base performance period of two years and options extending up to five years. This technology aims to improve the performance of atomic clocks, significantly enhancing accuracy for both government and commercial applications.
Frequency Electronics, Inc. (FEIM) reported approximately $13.0 million in revenues for Q1 FY2022, with an operating loss of $1.7 million, significantly higher compared to a $337,000 loss in Q1 FY2021. The net loss amounted to $1.6 million or ($0.17) per share, up from a net loss of $262,000 or ($0.03) per share a year prior. Revenue from satellite payloads increased by 1.4% year-over-year, while backlog decreased to $37 million. The CEO noted challenges from unusual legal expenses and COVID-related supply chain issues.
Frequency Electronics, Inc. (NASDAQ: FEIM) will host a conference call on September 13, 2021, at 4:30 PM ET to discuss Q1 fiscal year 2022 results for the period ending July 31, 2021. Investors can access the call via the company’s website or by phone at 877-407-9205. A replay will be available for a week post-call. Frequency Electronics is a leader in high precision timing and frequency generation products, serving various sectors including military and commercial applications, and has received over 100 awards for its contributions.
Frequency Electronics, Inc. (NASDAQ-FEIM) announced the development of a new family of pulsed laser Rubidium atomic clocks, promising improved performance for military, terrestrial, and commercial applications. Dr. Thomas McClelland, Chief Scientist, highlighted the resolution of key technical challenges, aiming for at least 10x better time stability. CEO Stan Sloane noted the project, initiated in 2016, is moving towards production, representing a multi-hundred million dollar market opportunity. This development positions FEIM as a key player in the atomic clock sector.
Frequency Electronics, Inc. (FEIM) reported a 31% increase in revenues for fiscal year 2021, totaling $54.3 million, up from $41.5 million in FY2020. For Q4 FY2021, revenues reached $15.6 million, a 53% increase year-over-year. The company posted a net income of $680,000 or $0.07 per diluted share, a significant improvement from a net loss of $10 million in FY2020. Operating losses narrowed to $958,000 from $10.9 million. FEIM ended the year with $20 million in cash and a $40 million backlog of contracts.
Frequency Electronics, Inc. (NASDAQ: FEIM) will hold a conference call on June 29, 2021, at 4:30 PM ET to discuss fiscal year 2021 results, which ended on April 30, 2021. The call will be accessible via webcast and phone for investors and analysts. A replay will be available for one week following the call. Frequency Electronics is a leader in high precision timing and frequency generation products for various applications, including military and commercial systems. The company prioritizes R&D to enhance its offerings.
Frequency Electronics, Inc. (NASDAQ-FEIM) announced a follow-on order for g-compensated Oven Controlled Quartz Oscillators (OCXO) valued at approximately $3M. This order is crucial for US Government communications systems on military platforms, with a contract period of performance lasting around 22 months. CEO Stanton Sloane expressed confidence in the technology and the commitment to support essential military operations. Frequency Electronics, a leader in high-precision timing and frequency generation, has a strong track record in defense and aerospace sectors.
FAQ
What is the current stock price of Frequency Electr (FEIM)?
What is the market cap of Frequency Electr (FEIM)?
What is the core business of Frequency Electronics Inc?
Which market segments does the company serve?
How does Frequency Electronics generate its revenue?
What are the key technology areas the company focuses on?
How is the company positioned within its competitive landscape?
What does the company’s involvement in quantum sensing indicate?
How does Frequency Electronics support critical communication systems?
How does the company maintain its industry expertise?
