{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-22-001435","form_type":"8-K","ticker":"FEIM","cik":"0000039020","company_name":"FREQUENCY ELECTRONICS INC","filed_at":"2022-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.198383+00:00","generated_at":"2026-06-21T02:05:35.379465+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Frequency Electronics Q2 FY2023 revenue down 31% to $8.9M; net loss $0.25 per share; declares special dividend $1.00","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-22-001435","json":"https://secwatch.observer/filing/0001185185-22-001435.json","markdown":"https://secwatch.observer/filing/0001185185-22-001435.md","text":"https://secwatch.observer/filing/0001185185-22-001435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39020/000118518522001435/0001185185-22-001435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39020/000118518522001435/freqelec20221220_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:05:35.379465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b79a148b3bd2bcc6522204f0a8d98c69a0041d1a","claim":"FREQUENCY ELECTRONICS INC reported the six months ended October 31, 2022 results: revenue $17.2 million, net income ($0.58) per diluted share, EPS ($0.58) per diluted share.","evidence_excerpt":"Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and six-month periods of fiscal 2023, ended October 31, 2022, of approximately $8.9 million and $17.2 million, respectively, compared to revenues of $12.9 million and $25.9 million, respectively, for the same periods of fiscal 2022, ended October 31, 2021. Operating loss for the second quarter of fiscal 2023 was $2.3 million compared to an operating profit of $303,000 for the same period of fiscal 2022. Operating loss for the six months ended October 31, 2022 was $5.4 million compared to an operating loss of $1.4 million for the six months ended October 31, 2021. Net loss from operations for the three and six months ended October 31, 2022 was $2.3 million or ($0.25) per diluted share and $5.4 million or ($0.58) per diluted share, respectively, compared to a net income of $497,000 or $0.05 per diluted share for the three months ended October 31, 2021 and a net loss of $1.1 million or","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39020/000118518522001435/0001185185-22-001435-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended October 31, 2022"},{"label":"Revenue","value":"$17.2 million"},{"label":"Net income","value":"($0.58) per diluted share"},{"label":"EPS","value":"($0.58) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e4b71ab9a4614b26d3d3145e4f2da6aec8b36db1","claim":"FREQUENCY ELECTRONICS INC reported the three months ended October 31, 2022 results: revenue $8.9 million, net income ($0.25) per diluted share, EPS ($0.25) per diluted share.","evidence_excerpt":"Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and six-month periods of fiscal 2023, ended October 31, 2022, of approximately $8.9 million and $17.2 million, respectively, compared to revenues of $12.9 million and $25.9 million, respectively, for the same periods of fiscal 2022, ended October 31, 2021. Operating loss for the second quarter of fiscal 2023 was $2.3 million compared to an operating profit of $303,000 for the same period of fiscal 2022. Operating loss for the six months ended October 31, 2022 was $5.4 million compared to an operating loss of $1.4 million for the six months ended October 31, 2021. Net loss from operations for the three and six months ended October 31, 2022 was $2.3 million or ($0.25) per diluted share and $5.4 million or ($0.58) per diluted share, respectively, compared to a net income of $497,000 or $0.05 per diluted share for the three months ended October 31, 2021 and a net loss of $1.1 million or","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39020/000118518522001435/0001185185-22-001435-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended October 31, 2022"},{"label":"Revenue","value":"$8.9 million"},{"label":"Net income","value":"($0.25) per diluted share"},{"label":"EPS","value":"($0.25) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}