---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-22-001100"
form_type: "8-K"
ticker: "FEIM"
cik: "0000039020"
company_name: "FREQUENCY ELECTRONICS INC"
filed_at: "2022-09-13T23:59:59+00:00"
generated_at: "2026-06-23T10:28:33.437368+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Frequency Electronics Q1 revenue $8.2M (down 37% YoY); net loss per share $0.33

## Summary
- 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.

## SEC filing metadata
- accession: 0001185185-22-001100
- form_type: 8-K
- ticker: FEIM
- cik: 0000039020
- company_name: FREQUENCY ELECTRONICS INC
- filed_at: 2022-09-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39020/000118518522001100/0001185185-22-001100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39020/000118518522001100/freqelec20220913_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-22-001100
- JSON: https://secwatch.observer/filing/0001185185-22-001100.json
- Plain text: https://secwatch.observer/filing/0001185185-22-001100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.