{"filings":[{"id":2079160,"accession_number":"0001185185-26-003285","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2026-08-05T20:15:17+00:00","items":["8.01","9.01"],"status":"ready","headline":"Frequency Electronics underwriters exercise over-allotment option, raising ~$14.1M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwriters exercised option in full for 260,869 shares on Aug 3, purchased Aug 5, 2026.","Gross proceeds to company from Option Shares approximately $14.1 million before expenses.","Net proceeds to fund growth opportunities, capital expenditures, working capital, and general corporate purposes.","Option shares registered under existing Form S-3 shelf registration (File No. 333-297549).","Original offering on July 30, 2026 included 1,086,957 company shares and 652,174 selling stockholder shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1967917,"accession_number":"0001185185-26-003177","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2026-07-30T20:10:30+00:00","items":["1.01","9.01"],"status":"ready","headline":"Frequency Electronics completes $62.5M common stock offering at $57.50/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company sold 1,086,957 shares; selling stockholders sold 652,174 shares.","Gross proceeds to company ~$62.5M before expenses; underwriters have 30-day option for 260,869 additional shares.","Offering closed July 30, 2026; underwritten by Morgan Stanley.","No proceeds to company from secondary shares sold by Edenbrook funds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1664476,"accession_number":"0001185185-26-002982","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2026-07-15T20:10:31+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics reports Q4 loss of $0.50/share; backlog hits record $111M, up 59% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $15.4M (down 23% YoY); FY revenue $63.2M (down 9% YoY).","Q4 net loss $4.9M ($0.50 diluted loss) vs net income $3.2M ($0.33) in Q4 FY2025.","Record funded backlog $111M at April 30, 2026, up 34% sequentially and 59% annually.","Three-year targets: minimum revenue $150M, gross margin 50%, operating margin 30% by FY2029.","Restructured FEI-Elcom; $3.8M inventory write-down; expects $9.3M future tax benefit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1028477,"accession_number":"0001185185-26-002498","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2026-06-12T20:35:35+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Frequency Electronics enters $10M revolving credit facility with JPMorgan Chase","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Three-year $10M revolving credit facility with JPMorgan Chase, maturing June 12, 2029.","Up to $5M available for letters of credit; optional increase up to $10M additional.","Loans priced at CB Floating Rate (Prime Rate or 2.5% floor) + 2.5% or SOFR + 2.5%.","Covenants: total leverage ratio ≤2.25:1, fixed charge coverage ratio ≥1.25:1.","Facility secured by all assets of Frequency and subsidiary FEI-Zyfer; proceeds for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113380,"accession_number":"0001185185-26-000840","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q3 net income drops 90% YoY to $1.6M; backlog record $83M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $16.9M (down 11% YoY from $18.9M); net income $1.6M ($0.16 diluted EPS) vs $15.4M ($1.60) last year.","Operating income fell to $1.3M from $3.5M; funded backlog rose to record $83M vs $70M at April 30, 2025.","CEO disclosed two new contracts worth ~$45M, among the largest ever won, boosting core space and defense business.","Company is debt-free; collected over $11M in cash since Feb 1, expects growing cash position through Q4.","Management targets surpassing $100M funded backlog and sees multi-year growth from core and quantum/satellite wins."],"consensus_eps_estimate":null,"consensus_eps_actual":0.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":47829000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129764,"accession_number":"0001185185-25-002022","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2025-12-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FEI Q2 revenue up 8% YoY to $17.1M; net income $0.18/diluted vs $0.28; backlog record $81.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $17.1M (vs $15.8M); operating income $1.7M (vs $2.6M); net income $1.8M or $0.18/diluted.","H1 revenue flat at $30.9M; operating income $2.1M (vs $5.0M); net income $2.4M or $0.25/diluted.","Backlog at Oct 31, 2025 reached record $81.7M, up from $70M at Apr 30, 2025.","Net cash from operations for H1 was $0.6M vs $2.4M prior year.","CEO cites QoQ revenue growth of 24% and expects reversal of government shutdown delays in Q3/Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":30939000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129763,"accession_number":"0001185185-25-001405","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2025-10-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Frequency Electronics stockholders elect directors and ratify auditor at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All five director nominees elected: Brolin (5,362,023 for), Lord (4,827,742), Sarachek (5,395,543), Schwartz (5,330,438), McClelland (5,395,575).","Ratification of Grant Thornton LLP as auditor for FY ending April 30, 2026 passed with 7,231,546 for, 10,944 against.","Non-binding advisory vote on executive compensation approved: 5,360,609 for, 70,505 against.","Stockholders voted for annual advisory votes on executive compensation (5,082,722 for 1-year frequency); board set annual votes until 2031."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146352,"accession_number":"0001185185-25-001174","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2025-09-11T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Frequency Electronics Q1 revenue $13.8M, EPS $0.07, announces $20M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $13.8M, down from $15.1M YoY; operating income fell to $0.4M from $2.4M.","Net income $0.6M ($0.07 per diluted share), compared to $2.4M ($0.25) in prior year.","Backlog remains high at $71M, up from $70M at April 30, 2025, with multiple large defense programs active.","Board approved new $20M share repurchase authorization, replacing ~$550K remaining under prior plan.","Management attributes Q1 decline to timing and customer delays; expects recovery in coming quarters."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":13812000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146351,"accession_number":"0001185185-25-000752","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2025-07-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q4 revenue hits 25-year record $20M; FY net income $23.8M vs $5.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $20.0M (record in 25 years), operating income $3.3M, net income $3.3M ($0.34 diluted EPS).","Full-year FY2025 revenue $69.8M (up from $55.3M), net income $23.8M ($2.48 diluted EPS) vs $5.6M ($0.59) prior year.","Satellite payload revenue grew to $40.9M (59% of total) from $23.2M (42% YoY).","Backlog declined to $70M from $78M; net cash used in ops $1.4M vs $8.7M provided prior year.","CEO cautions near-term quarterly performance unlikely to repeat; medium/long-term outlook positive."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182431,"accession_number":"0001185185-25-000178","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q3 revenue $18.9M, net income $15.4M ($1.60 EPS) vs $0.1M YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $18.9M for Q3 FY2025, up from $13.7M YoY; operating income $3.5M vs loss $0.5M.","Net income $15.4M ($1.60 per diluted share) versus $0.1M ($0.01) in prior year quarter.","Gross margin 44% in Q3, 45% YTD; backlog $73M (down from $78M at April 2024).","Satellite payload revenue $11.2M (59% of total) vs $6.8M (50%) a year ago.","CEO cites strong core growth, high backlog, and expanded R&D into quantum sensing and proliferated satellite programs."],"consensus_eps_estimate":0.3672,"consensus_eps_actual":2.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":49825000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199049,"accession_number":"0001185185-24-001196","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2024-12-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q2 FY2025 revenue $15.8M, net income $2.7M, EPS $0.28","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue for Q2 FY2025 was $15.8M, up from $13.6M in the same period last year.","Operating income grew to $2.6M from $0.9M, and net income rose to $2.7M ($0.28 per diluted share).","Backlog reached an all-time high of $81M, compared to $70M at the end of Q1.","Gross margin improved to 48% for the quarter, and the company remains debt-free.","CEO highlighted strong core business growth and a Quantum Sensor Summit held in October."],"consensus_eps_estimate":null,"consensus_eps_actual":0.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":30898000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199048,"accession_number":"0001185185-24-001180","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2024-12-05T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Frequency Electronics appoints CEO Dr. Thomas McClelland to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded from 4 to 5 members; McClelland appointed effective December 4, 2024.","McClelland has 40-year tenure at FEI, served as Interim CEO from July 2022 and permanent CEO since January 2023.","He is Chief Scientist, holds a PhD in physics from Columbia, and has top U.S. government security clearance.","Board chair cites his expertise to guide next-gen quantum sensing, small-satellite, and PNT technologies.","McClelland will receive no additional compensation for board service."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199047,"accession_number":"0001185185-24-000962","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2024-10-09T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Stockholders approve Frequency Electronics Stock Award Plan reserving 738,916 shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan replaces the 2005 Stock Award Plan; 738,916 shares authorized (700,000 new + 38,916 from prior plan).","Approved at Oct 8, 2024 annual meeting: 4,371,930 for, 125,780 against, 21,279 abstain, 1,725,155 broker non-votes.","Covers employees, directors, consultants with stock options, SARs, restricted stock, RSUs, and other equity awards.","Directors elected: Brolin, Lord, Sarachek, Schwartz; Grant Thornton ratified as auditor for FY ending Apr 30, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215087,"accession_number":"0001185185-24-000716","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2024-07-22T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Frequency Electronics reports FY2024 revenues of $55.3M and declares special dividend of $1.00 per share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue for FY2024 was $55.3 million, up 36% from $40.8 million in FY2023.","Net income for FY2024 was $5.6 million ($0.59 per diluted share) vs. net loss of $5.5 million in prior year.","Backlog at April 30, 2024 was $78 million, a record high for the Company.","The Board declared a special cash dividend of $1.00 per share, payable August 29, 2024, totaling ~$9.4 million.","Operating income improved to $5.0 million from an operating loss of $4.7 million in FY2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252231,"accession_number":"0001185185-24-000239","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q3 revenue rises to $13.7M but posts operating loss of $0.5M; backlog record $67M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $13.7M (Q3) +29% YoY; 9-month revenue $39.7M vs $27.8M.","Q3 net income $0.1M ($0.01 EPS) vs net loss $0.3M (-$0.03) YoY.","Backlog at all-time high $67M, up from $57M at fiscal year-end.","Operating loss $0.5M in Q3 due to technical challenges on one new development program; management expects full-year operating profit.","Expects significant free cash flow in Q4; satellite payloads revenue 50% of total."],"consensus_eps_estimate":0.3672,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":39698000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269754,"accession_number":"0001185185-23-001288","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-12-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics reports Q2 revenue $13.6M, net income $0.8M vs loss year ago; announces $53M in contract wins","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $13.6M (+53% YoY); operating income $0.9M vs loss $2.3M; diluted EPS $0.08 vs loss $0.25.","Six-month revenue $26.0M; net income $2.9M ($0.30/diluted share) vs loss $5.4M ($0.58 loss).","Backlog $49.7M near historic high; three post-quarter contract wins totaling ~$53M (including $25M national security satellite program).","Non-space U.S. government revenue 60% of Q2 sales vs 44% a year ago; satellite payload revenue 35%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":25984000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269753,"accession_number":"0001185185-23-001052","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-10-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Frequency Electronics annual meeting: all four director nominees elected, auditor ratified, say-on-pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Directors elected: Brolin (4.24M for), Lord (3.83M), Sarachek (5.31M), Schwartz (3.43M); each term 1 year.","Ratification of Grant Thornton as auditor: 6.86M for, 4,837 against, 6,892 abstain.","Advisory say-on-pay passed: 5.26M for, 287,760 against, 9,509 abstain; 1.31M broker non-votes.","Shareholder turnout: 6,875,607 shares (73%) represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286745,"accession_number":"0001185185-23-000971","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-09-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics reports Q1 FY2024 net income of $2.0M, reversing prior-year loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $12.4M (+51% YoY); operating income $2.1M vs -$3.1M loss.","Net income $2.0M ($0.22 diluted) vs net loss $3.1M (-$0.33) YoY.","Backlog $51.8M, up from $39.7M a year ago; CEO expects further bookings growth.","Non-space U.S. Gov/DOD revenue $6.9M (55% of total); satellite payload $4.9M (39%).","Net cash used in ops improved to $2.8M from $3.6M YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":12408000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286744,"accession_number":"0001185185-23-000774","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-08-01T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Frequency Electronics dismisses BDO, appoints Grant Thornton as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee chose not to renew BDO engagement; dismissal effective July 27, 2023.","Grant Thornton appointed as new independent registered public accounting firm same date.","BDO's reports on FY 2022 and 2023 financials had no adverse opinion or qualifications.","No disagreements or reportable events except previously disclosed material weaknesses, now remediated as of April 30, 2023.","Auditor change follows competitive review process and evaluation of audit fees and costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286743,"accession_number":"0001185185-23-000719","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-07-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics reports Q4 net income $246k; FY23 revenue $40.8M, backlog at decade high","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 FY23 revenue $13.0M, operating income $392k vs. loss of $5.9M YoY; net income $0.03/diluted share.","Full-year FY23 revenue $40.8M vs. $48.3M prior year; net loss $5.5M ($0.59/diluted share).","Second-half FY23 operating income $717k vs. first-half loss of $5.4M; H2 revenue $23.6M, up 38% from H1.","Backlog at April 30, 2023: ~$56M, highest in over 10 years (up from $40M year earlier).","Cash and equivalents $12.0M, debt-free; CEO McClelland cites cost-cutting and growth in satellite markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325790,"accession_number":"0001185185-23-000193","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q3 rev down 13% YoY but posts operating profit; backlog rises to $54M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenues $10.6M vs $12.2M YoY; operating income $325K vs loss $721K.","Net loss $316K ($0.03/sh) vs $735K ($0.08) YoY; 9-month net loss $5.7M ($0.62).","Backlog grew 35% to $54M from $40M at Apr. 2022; cash from ops $1.9M.","Sequential improvement: Q3 rev +18.7%, gross margin 32.6% vs 3.9% prior qtr.","Paid special $1.00/sh dividend ($9.4M) Jan 26; named Tom McClelland permanent CEO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":27773000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325789,"accession_number":"0001185185-23-000042","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2023-01-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Frequency Electronics appoints Dr. Tom McClelland as permanent CEO; backlog $56M","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tom McClelland, interim CEO since July 2022, named permanent President and CEO; he holds a PhD in physics and top U.S. security clearance.","Board Chair cites unanimous choice; McClelland has 40 years at FEI, including over 20 as chief scientist.","Q2 FY2023 backlog of ~$56M is highest in 8 years; book-to-bill ratio of 2.8 reported.","Revenue increased quarter-over-quarter; management emphasizes path to sustained profitability and cash generation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343538,"accession_number":"0001185185-22-001435","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2022-12-20T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Frequency Electronics Q2 FY2023 revenue down 31% to $8.9M; net loss $0.25 per share; declares special dividend $1.00","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $8.9M (down 31% YoY from $12.9M); net loss $2.3M ($0.25 diluted) vs net income $0.05 per share in prior year.","Six-month revenue $17.2M (down 34% YoY); net loss $5.4M ($0.58 diluted) vs loss $1.1M ($0.12) prior year.","Backlog $56M at Oct 31, up 40% from $40M at April 30; book-to-bill ratio 2.8.","Special cash dividend of $1.00/share payable Jan 27, 2023 to holders of record Jan 6, 2023; total ~$9.3M.","Company remains debt-free; optimistic about future growth due to satellite market improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":17153000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343537,"accession_number":"0001185185-22-001426","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2022-12-16T23:59:59+00:00","items":["2.02","4.02","9.01"],"status":"ready","headline":"Frequency Electronics restates FY2022/2021 financials; reports preliminary Q2 loss of $2.3M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Non-reliance on FY2022 and FY2021 audited financials due to missing note and calculation errors in contract assets/liabilities; adjustments up to $2.9M.","Material weaknesses in internal control over financial reporting as of April 30, 2022 and July 31, 2022; disclosure controls ineffective.","Preliminary Q2 FY2023 revenue ~$9.0M (down 30% YoY), net loss ~$2.3M vs net income $0.5M YoY.","Funded backlog increased to ~$56M as of Oct 31, 2022 vs ~$40M as of April 30, 2022.","Filing of Q2 10-Q delayed; conference call scheduled for December 20, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343536,"accession_number":"0001185185-22-001161","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2022-10-07T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Frequency Electronics shareholders elect directors, ratify auditor, approve say-on-pay at 2022 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All four director nominees elected: Brolin, Schwartz, Sarachek, Lord; broker non-votes ~1.4M each.","BDO USA ratified as independent auditor for FY23: 6.4M for, 645K against, 5K abstain.","Advisory vote on executive compensation approved: 5.1M for, 437K against, 138K abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360071,"accession_number":"0001185185-22-001100","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2022-09-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q1 revenue $8.2M (down 37% YoY); net loss per share $0.33","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $8.2M, down from $13.0M in Q1 FY2022; satellite payload revenue fell to $3.5M (42% of total) from $6.7M (52%).","Operating loss widened to $3.1M vs $1.7M loss in prior-year quarter; net loss was $3.1M ($0.33 per diluted share) vs $1.6M ($0.17).","Net cash used in operations $3.6M, compared to cash provided of $828K in Q1 FY2022.","Interim CEO announced 17% labor cost reduction at FEI-NY; backlog flat at ~$40M.","Major atomic clock program now generating revenue after 8 months of government delays; management optimistic for improvement."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":8204000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360070,"accession_number":"0001185185-22-000818","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2022-07-13T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"CEO Stanton Sloane resigns; FY2022 revenue down 11%, net loss $0.93 per share","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Dr. Stanton Sloane resigned effective July 8, 2022; Dr. Thomas McClelland appointed Interim President and CEO.","FY2022 revenue $48.3M, down 11% YoY; net loss $8.7M ($0.93 per diluted share) vs net income $680k prior year.","Operating loss $8.0M driven by cost overrun on development program and delayed contract award at FEI-Zyfer.","Company remains debt-free with $21.5M cash/securities; backlog stable at ~$40M.","Investment in Morion impaired due to Russia-Ukraine geopolitical tensions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":397231,"accession_number":"0001185185-22-000265","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2022-03-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics reports Q3 revenue $12.3M, net loss $0.08 per share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $12.3M, up 5% YoY; operating loss $721K vs $939K loss in prior-year quarter.","Net loss $735K ($0.08 diluted EPS) for Q3; nine-month net loss $1.8M ($0.20 per share).","Backlog $41.6M; bookings up 21% YoY; book-to-bill ratio 1.27 for the quarter.","Cash and marketable securities $22.2M, debt-free; operating cash flow $4M YTD.","CEO cites COVID absences and Zyfer order delays; transitioning manufacturing to NY for cost reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":38136000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416186,"accession_number":"0001185185-21-001822","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2021-12-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q2 FY2022 net income $0.5M; revenue down 8% YoY to $12.9M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $497K ($0.05 diluted EPS) vs. $329K ($0.04) for Q2 FY2021.","Revenue $12.9M, down from $14.0M a year ago; six-month revenue $25.9M vs. $26.9M.","Operating profit improved to $303K from $219K; six-month operating loss $1.4M.","Cash and marketable securities $20.6M, no debt; backlog $38M vs. $40M at April 30.","CEO cites R&D investments in atomic clocks and POPRAFS contract from Office of Naval Research."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":25890000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416185,"accession_number":"0001185185-21-001455","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2021-10-07T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Frequency Electronics holds annual meeting; all director nominees elected, auditor ratified, exec comp approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["80% of shares (7,339,936) represented at October 6, 2021 annual meeting.","All five director nominees elected: Jonathan Brolin (5.40M for), Richard Schwartz (5.17M for), Dr. Stanton D. Sloane (5.47M for), Russell Sarachek (5.14M for), Lance Lord (5.40M for).","Ratification of BDO USA as independent auditor for FY2022: 7,331,658 for, 5,777 against, 2,501 abstain.","Non-binding advisory vote on executive compensation approved: 5,439,821 for, 614,789 against, 10,130 abstain, 1,275,196 broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":433804,"accession_number":"0001185185-21-001284","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2021-09-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Frequency Electronics Q1 FY2022 net loss widens to $1.6M ($0.17/share) vs $262K loss a year ago","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $13.0M, down slightly from $13.1M in Q1 FY2021.","Operating loss $1.7M vs $337K operating loss prior year, due to unusual legal expenses and COVID supply-chain issues.","Backlog fell to $37M from $40M at April 30, 2021.","Net cash used in operations was $828K vs $62K provided in prior-year quarter.","CEO highlights new pulsed optically pumped Rubidium atomic clock as potential game-changer."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":12955000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":433803,"accession_number":"0001185185-21-001208","cik":39020,"company_name":"FREQUENCY ELECTRONICS INC","ticker":"FEIM","form_type":"8-K","filed_at":"2021-08-27T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Frequency Electronics settles litigation with former Chief Scientist for $6M","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Agreed to pay Martin B. Bloch $6M by Sept 24, 2021, to settle all claims from his termination and deferred compensation arbitration.","Company had already accrued $6M as of July 31, 2021; net expense of $650K to be recognized in Q1 FY2022.","Settlement includes general releases; no admission of wrongdoing by the company.","Resolution eliminates further legal expenses related to the dispute."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":699957793.1365229,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}