secwatch.observer — SEC 8-K summary
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Issuer:     FREQUENCY ELECTRONICS INC (FEIM)
CIK:        0000039020
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001185185-22-000265
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frequency Electronics reports Q3 revenue $12.3M, net loss $0.08 per share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39020/000118518522000265/0001185185-22-000265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39020/000118518522000265/freqelec20220310_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-22-000265

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