GlobeNewswire: Frequency Electronics, Inc. Contains the last 10 of 247 releaseshttp://www.globenewswire.com/External?Length=42024-03-19T06:20:38ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2024/03/15/2847072/0/en/Frequency-Electronics-Issues-a-Clarification-to-Yesterday-s-Earnings-Call.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Issues a Clarification to Yesterday’s Earnings Call2024-03-15T13:14:25Z<![CDATA[MITCHEL FIELD, N.Y., March 15, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM). On yesterday’s earnings call, the Company discussed program charges that adversely affected its gross margins for the quarter ended January 31, 2024. As a result of percentage of completion accounting, these charges included a temporary reversal of revenue. The Company expects to recover approximately $1.2 million of this revenue during this calendar year. Because the costs have been conservatively estimated and already charged, when this revenue is realized, the Company estimates that it will be at normal or higher than average corporate gross margins.]]>https://www.globenewswire.com/news-release/2024/03/14/2846674/0/en/Frequency-Electronics-Inc-Announces-Third-Quarter-and-Fiscal-Year-2024-Financial-Results.html?f=22&fvtc=4&fvtv=5959Frequency Electronics, Inc. Announces Third Quarter and Fiscal Year 2024 Financial Results2024-03-14T20:01:00Z<![CDATA[MITCHEL FIELD, N.Y., March 14, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three-month and nine-month periods of fiscal 2024, ended January 31, 2024, of approximately $13.7 million and $39.7 million, respectively, compared to revenues of $10.6 million and $27.8 million, respectively, for the same periods of fiscal year 2023, ended January 31, 2023. Operating loss for the third quarter of fiscal year 2024 was $0.5 million compared to an operating income of $0.3 million for the same period of fiscal year 2023. Operating Income for the nine months ended January 31, 2024 was $2.5 million compared to an operating loss of $5.1 million for the nine months ended January 31, 2023. Net Income from operations for the three and nine months ended January 31, 2024 was $0.1 million or $0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively, compared to net losses from operations for the three and nine month ended January 31, 2023 of $0.3 million or ($0.03) per diluted share and $5.7 million or ($0.62) per diluted share, respectively.]]>https://www.globenewswire.com/news-release/2024/03/13/2845334/0/en/Frequency-Electronics-Announces-3rd-Quarter-Financial-Results-Conference-Call-Thursday-March-14-2024-at-4-30-PM-ET.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Announces 3rd Quarter Financial Results Conference Call: Thursday, March 14, 2024, at 4:30 PM ET2024-03-13T11:39:49Z<![CDATA[MITCHEL FIELD, N.Y., March 13, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the third quarter of its fiscal year 2024, ended January 31, 2024, on Thursday, March 14, 2024, at 4:30 PM Eastern Time.]]>https://www.globenewswire.com/news-release/2023/12/12/2795116/0/en/Frequency-Electronics-Inc-Announces-Second-Quarter-and-Fiscal-Year-2024-Financial-Results.html?f=22&fvtc=4&fvtv=5959Frequency Electronics, Inc. Announces Second Quarter and Fiscal Year 2024 Financial Results2023-12-12T21:05:00Z<![CDATA[MITCHEL FIELD, N.Y., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and six-month periods of fiscal 2024, ended October 31, 2023, of approximately $13.6 million and $26.0 million, respectively, compared to revenues of $8.9 million and $17.2 million, respectively, for the same periods of fiscal year 2023, ended October 31, 2022. Operating income for the second quarter of fiscal year 2024 was $0.9 million compared to an operating loss of $2.3 million for the same period of fiscal year 2023. Operating Income for the six months ended October 31, 2023 was $3.0 million compared to an operating loss of $5.4 million for the six months ended October 31, 2022. Net Income from operations for the three and six months ended October 31, 2023 was $0.8 million or $0.08 per diluted share and $2.9 million or $0.30 per diluted share, respectively, compared to net losses from operations for the three and six month ended October 31, 2022 of $2.3 million or ($0.25) per diluted share and $5.4 million or ($0.58) per diluted share, respectively.]]>https://www.globenewswire.com/news-release/2023/12/08/2793228/0/en/Frequency-Electronics-Announces-2nd-Quarter-Financial-Results-Conference-Call-Tuesday-December-12-2023-at-4-30-PM-ET.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Announces 2nd Quarter Financial Results Conference Call: Tuesday December 12, 2023, at 4:30 PM ET 2023-12-08T14:05:00Z<![CDATA[MITCHEL FIELD, N.Y., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2023, ended October 31, 2023, on Tuesday December 12, 2023, at 4:30 PM Eastern Time.]]>https://www.globenewswire.com/news-release/2023/11/27/2786520/0/en/Frequency-Electronics-Announces-Contract-Award-for-Approximately-9-Million.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Announces Contract Award for Approximately $9 Million2023-11-27T21:05:00Z<![CDATA[MITCHEL FIELD, N.Y., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) announces that it has been awarded a multi-year contract of approximately $9M to deliver advanced atomic clocks for a satellite navigation system for a new FEI, non-US government, customer. Per this contract FEI will deliver atomic frequency standards for deployment on a demonstration satellite to confirm the effectiveness of the navigation system performance. This important award includes contract options with a potential production value of more than $70 million for additional clocks over the next 5 to 6 years. The award emphasizes FEI’s position and strength in atomic standards technologies for both commercial and military satellite applications, and the company’s ability to compete both domestically and internationally.]]>https://www.globenewswire.com/news-release/2023/11/20/2783589/0/en/Frequency-Electronics-Announces-Contract-Award-for-Approximately-19-Million.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Announces Contract Award for Approximately $19 Million2023-11-20T21:05:00Z<![CDATA[MITCHEL FIELD, N.Y., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) announces a contract award of approximately $19m from a major U.S. aerospace prime contractor to supply on-board precision frequency-generation systems for a multi satellite program. Under this contract, FEI will develop, manufacture, test and deliver within 24 months, state-of-the-art frequency generators and microwave synthesizers. The systems will provide multiple microwave frequencies for the spacecraft platforms within which they are deployed, and enhance their mission effectiveness. This high-performance hardware is derived from similar models that FEI has provided in the past for U.S. Government satellites, and which are successfully operating in orbit.]]>https://www.globenewswire.com/news-release/2023/11/14/2780508/0/en/Frequency-Electronics-Announces-Contract-Award-for-Approximately-25-Million.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Announces Contract Award for Approximately $25 Million2023-11-14T21:05:00Z<![CDATA[MITCHEL FIELD, N.Y., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) announces a contract award of approximately $25m to deliver precision frequency-generation systems for a next generation national security satellite program. Under this contract, FEI will develop, manufacture, test and deliver a state-of-the-art frequency generation system to the prime contractor for integration into satellites. The hardware will provide the primary frequency reference for the spacecraft and enhance its mission effectiveness. As an important aspect of this program, FEI is targeted to deliver all the contracted hardware within a period of less than 24 months. This is part of an on-going effort to demonstrate the ability to deliver space hardware faster, in support of the US government goal of achieving a more resilient space presence. This high-performance, space qualified system is an evolution of FEI’s technology which has been proven on numerous US government and commercial satellite programs over the last 62 years.]]>https://www.globenewswire.com/news-release/2023/09/14/2743649/0/en/Frequency-Electronics-Inc-Announces-First-Quarter-Fiscal-Year-2024-Financial-Results.html?f=22&fvtc=4&fvtv=5959Frequency Electronics, Inc. Announces First Quarter Fiscal Year 2024 Financial Results2023-09-14T20:01:00Z<![CDATA[MITCHEL FIELD, N.Y., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the first quarter ended July 31, 2023, of approximately $12.4 million, compared to revenues of $8.2 million, for the first quarter of fiscal year 2023, ended July 31, 2022. Operating income for the first quarter of fiscal year 2024 was $2.1 million compared to an operating loss of $3.1 million for the same period of fiscal year 2023. Net Income from operations was $2.0 million or $0.22 per diluted share compared to a net loss from operations of $3.1 million or ($0.33) per diluted share for the first quarter of fiscal year 2023]]>https://www.globenewswire.com/news-release/2023/09/12/2742061/0/en/Frequency-Electronics-Announces-1st-Quarter-Financial-Results-Conference-Call-Thursday-September-14-2023-at-4-30-PM-ET.html?f=22&fvtc=4&fvtv=5959Frequency Electronics Announces 1st Quarter Financial Results Conference Call: Thursday September 14, 2023, at 4:30 PM ET2023-09-12T20:06:00Z<![CDATA[MITCHEL FIELD, N.Y., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the first quarter of its fiscal year 2023, ended July 31, 2023, on Thursday September 14, 2023, at 4:30 PM Eastern Time.]]>