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Frequency Electronics, Inc. (FEIM)

NasdaqGM - NasdaqGM Real-time price. Currency in USD

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9.55

-0.28

(-2.90%)

At close: 04:00PM EDT

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GlobeNewswire
Frequency Electronics Issues a Clarification to Yesterday’s Earnings Call
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
Thomson Reuters StreetEvents
Q3 2024 Frequency Electronics Inc Earnings Call
Q3 2024 Frequency Electronics Inc Earnings Call
GuruFocus.com
Frequency Electronics Inc Reports Robust Revenue Growth in Q3 FY2024
Operating Loss Recorded Despite Revenue Surge and Record Backlog