Frequency Electronics Inc. is a technology company that specializes in the design and manufacture of advanced timing and frequency control solutions for a variety of applications
Their products, which include precision frequency references and timing systems, are utilized across multiple sectors, including telecommunications, aerospace, defense, and consumer electronics. The company focuses on innovation and quality, providing high-performance solutions that enhance the reliability and efficiency of electronic systems. Through their commitment to research and development, Frequency Electronics aims to advance the field of frequency control technology and meet the evolving needs of their diverse customer base.
GARDEN GROVE, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce the receipt of a $12 million contract increase for the development and manufacture of a customized version of our high-precision airborne time, synchronization, and frequency distribution system, with deliveries scheduled through 2027. Our airborne-rated systems provide the ability to function in high-dynamic environments, while providing interoperability with the latest on-board technologies such as assured and Alternate-Position, Navigation and Timing (Alt-PNT) avionics. Furthermore, they support collaborative airborne operations and cooperative engagement scenarios for Joint Airborne Signals Intelligence Architecture (JASA); Time, Frequency, Navigation and Geodesy (TFNG); and Airborne Overhead Cooperative Operations Communications Intelligence Joint Interface Control Document (AOCO COMINT JICD) requirements. This contract highlights FEI’s continued leadership in the high-performance frequency control industry and underscores the company’s long-standing commitment to support critical aerospace and defense programs.
MITCHEL FIELD, N.Y., March 19, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that Northrop Grumman Corporation (NYSE:NOC) has recognized Frequency Electronics Inc. (NASDAQ-FEIM) as one of its top supplier partners during the company’s Supplier Excellence Awards.
MITCHEL FIELD, N.Y., March 13, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three and nine months ended January 31, 2025, of approximately $18.9 million and $49.8 million, respectively, compared to revenues of $13.7 million and $39.7 million, for the same period of fiscal year 2024, ended January 31, 2024. Operating income for the three and nine months ended was $3.5 million and $8.5 million, respectively, compared to an operating loss of $0.5 million and operating income of $2.5 million for the same period of fiscal year 2024. Net Income from operations for the three and nine months ended January 31, 2025 was $15.4 million or $1.60 per diluted share and $20.5 million or $2.14 per diluted share, respectively, compared to a net income from operations for the three and nine months ended January 31, 2024 of $0.1 million or $0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively.
MITCHEL FIELD, N.Y., March 11, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the third quarter of its fiscal year 2025, ended January 31, 2025, on Thursday, March 13, 2025, at 4:30 PM Eastern Time.
Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co., Chipotle Mexican Grill, Inc., Workday, Inc., Kingsway Financial Services Inc., and Frequency Electronics, Inc.
MITCHEL FIELD, N.Y., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that members of its management team will participate in the 27th Annual Needham Growth Conference, taking place January 14 – January 17, 2025. Tom McClelland, FEI’s CEO will make a presentation on Wednesday, January 15 at 8:00 AM, and FEI management will host one on one conferences between 8:45 AM and 6:00 PM on Wednesday.
MITCHEL FIELD, N.Y., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that it has been awarded several significant contracts to supply specialized precision quartz oscillators, synthesizers, and receivers for aerospace programs. The total value of these contracts is approximately $11 million, with deliveries scheduled through 2026. These contracts highlight FEI’s continued leadership in the high-performance frequency control industry and underscore the company’s long-standing commitment to supporting critical aerospace and defense programs. The quartz oscillators will play a key role in navigation and timing systems, contributing to the overall success of the missions by ensuring highly accurate performance under extreme conditions. FEI’s quartz oscillators are renowned for their reliability, stability, and precision—critical attributes for applications in space and defense. These contracts reflect FEI’s expertise in providing tailored, mission-critical components that meet the rigorous demands of the aerospace and defense sectors.
MITCHEL FIELD, N.Y., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three and six months ended October 31, 2024, of approximately $15.8 million and $30.9 million, respectively, compared to revenues of $13.6 million and $26.0 million, for the same period of fiscal year 2024, ended October 31, 2023. Operating income for the three and six months ended October 31, 2024 was $2.6 million and $5.0 million, respectively, compared to operating income of $0.9 million and $3.0 million for the same period of fiscal year 2024. Net Income from operations for the three and six months ended October 31, 2024 was $2.7 million or $0.28 per diluted share and $5.1 million or $0.53 per diluted share, respectively, compared to a net income from operations for the three and six months ended October 31, 2023 of $0.8 million or $0.08 per diluted share and $2.9 million or $0.30 per diluted share, respectively.
MITCHEL FIELD, N.Y., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2025, ended October 31, 2024, on Tuesday, December 10, 2024, at 4:30 PM Eastern Time.
MITCHEL FIELD, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) today is pleased to announce the appointment of its Chief Executive Officer, Dr. Thomas McClelland, to the Company’s Board of Directors, effective immediately. Tom, a 40-year veteran of FEI, served as the Company’s Interim President and CEO from July 8, 2022 through January 17, 2023, and has served as permanent President and CEO since then. Prior to that, Tom served as FEI’s Chief Scientist and has led the Company’s research and scientific efforts for over 20 years. He is one of the foremost experts in precision timing and space-related applications. He has the highest level of security clearance with the U.S. government and holds a PhD in physics from Columbia University.
Today's Research Daily features new research reports on Meta Platforms, Inc., Cisco Systems, Inc., and Philip Morris International Inc., as well as two micro-cap stocks Earth Science Tech, Inc. and Frequency Electronics, Inc.
MITCHEL FIELD, N.Y., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the first quarter ended July 31, 2024, of approximately $15.1 million, compared to revenues of $12.4 million, for the same period of fiscal year 2024, ended July 31, 2023. Operating income for the first quarter of fiscal year 2025 was $2.4 million compared to operating income of $2.1 million for the same period of fiscal year 2024. Net Income from operations was $2.4 million or $0.25 per diluted share compared to a net income from operations of $2.0 million or $0.22 per diluted share for the first quarter of fiscal year 2024.
MITCHEL FIELD, N.Y., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the first quarter of its fiscal year 2025, ended July 31, 2024, on Tuesday, September 10, 2024, at 4:30 PM Eastern Time.
MITCHEL FIELD, N.Y., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Today Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is proud to announce the inaugural Quantum Sensing Summit, an exclusive gathering of the brightest minds, leading industry players, and key government decision-makers dedicated to advancing the field of quantum sensing. As both host and sponsor, Frequency Electronics is committed to driving innovation and transforming research discoveries into real-world applications.
