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 reported fiscal 2021 Q3 revenues of $11.7 million, up from $9.6 million in Q3 2020. For nine months, revenues reached $38.6 million versus $31.3 million last year. The operating loss improved to $939,000 for Q3, down from $1.6 million in Q3 2020, with a nine-month operating loss of $1.1 million compared to $7.3 million last year. Net losses of $800,000 for Q3 and $733,000 year-to-date reflect significant improvement. The backlog rose to $41 million, with strong gains in satellite payload revenues.
Frequency Electronics, Inc. (NASDAQ: FEIM) will host a conference call on March 11, 2021, at 4:30 PM Eastern Time to discuss its third-quarter results for fiscal year 2021, ending January 31, 2021. Investors can access the call via webcast on the company's website or by dialing 877-407-9205 for U.S. callers and 201-689-8054 for international participants. A replay will be available for one week post-call. Frequency Electronics specializes in high precision timing and frequency generation products for various applications, including military and commercial systems.
Frequency Electronics, Inc. (NASDAQ-FEIM) has secured a contract valued at approximately $17 million for its high-performance oscillators and microwave frequency generation units to be used in a key U.S. government satellite system. The contract spans four years and may be followed by a Phase 2 contract for additional units. CEO Stan Sloane expressed confidence in the company’s advanced technology and customer trust, highlighting its role in military satellite programs. Frequency Electronics is known for developing precision timing and frequency generation products for various applications.
Frequency Electronics, Inc. (FEIM) announced a contract award valued at approximately $4.5 million for its state-of-the-art digital Rubidium Atomic Clock. The CEO, Stan Sloane, expressed confidence in the product’s capabilities and the company's expertise in high-precision frequency and timing solutions. The new atomic clock design offers significant improvements in digital technology compared to existing models. FEIM's products serve various sectors, including space, government, and military applications.
Frequency Electronics (NASDAQ-FEIM) has secured a $3.9 million contract to provide precision oscillators for secure communication satellites serving the US Government. The contract spans approximately 2.5 years, highlighting FEI's expertise in high-stability frequency references. CEO Stan Sloane emphasized the significance of this award, showcasing the reliability of FEI's products in military applications. The company has a proven track record, having received over 100 awards for excellence in electronic assemblies for various defense and space programs.
Frequency Electronics, Inc. (NASDAQ-FEIM) reported a revenue increase for the second quarter and six months of fiscal 2021. Revenues reached $14.0 million and $26.9 million, up from $9.1 million and $21.6 million in the same periods last year. The company achieved a net income of $329,000 or $0.04 per share for the three months, compared to a net loss of $4.9 million or ($0.54) per share a year prior. Backlog increased to $42 million. The company's financial health improved despite legal expenses and a focus on operational continuity during COVID-19.
Frequency Electronics (NASDAQ: FEIM) will hold a conference call on December 10, 2020, at 4:30 PM ET to discuss its second-quarter results for fiscal year 2021, which ended October 31, 2020. The call will be accessible via webcast and by phone for investors and analysts. A replay of the call will be available for one week post-event. Frequency Electronics specializes in high-precision timing, frequency generation, and RF control products, supporting various applications including satellite and military systems, and has received numerous awards for its contributions to the industry.
Frequency Electronics, Inc. (NASDAQ-FEIM) has secured a contract valued at approximately $5.2 million for precision Voltage Controlled Quartz Crystal Oscillators (VCXOs). This contract is a continuation of a previously announced award in September 2019, highlighting the company's role in providing essential timing components for US Government satellites.
CEO Stan Sloane expressed confidence in the ongoing demand for these critical components, projecting further orders in the future. FEI maintains a strong legacy in supporting key US Government programs.
Frequency Electronics, Inc. (NASDAQ-FEIM) has secured a $2.9 million contract for precision oscillators to support a significant US military program. These oscillators are vital for military communications on various airborne platforms, with a contract duration of approximately one year. CEO Stan Sloane expressed satisfaction regarding this award, noting its importance in supporting military communication systems and emphasizing the company's superior technology and proven track record.
Frequency Electronics, Inc. (NASDAQ-FEIM) reported Q1 fiscal 2021 revenues of $13.0 million, up from $12.6 million in Q1 fiscal 2020. The operating loss narrowed to $337,000 compared to $780,000 the previous year. Net loss improved to $262,000 or ($0.03) per diluted share versus ($0.07) in Q1 fiscal 2020. Revenue from satellite payloads surged to $6.7 million (51% of total revenues). The company maintained positive cash flow and a backlog of $38 million as of July 31, 2020.
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?
