---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-001288"
form_type: "8-K"
ticker: "FEIM"
cik: "0000039020"
company_name: "FREQUENCY ELECTRONICS INC"
filed_at: "2023-12-12T23:59:59+00:00"
generated_at: "2026-06-07T14:27:10.114223+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Frequency Electronics reports Q2 revenue $13.6M, net income $0.8M vs loss year ago; announces $53M in contract wins

## Summary
- 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%.

## SEC filing metadata
- accession: 0001185185-23-001288
- form_type: 8-K
- ticker: FEIM
- cik: 0000039020
- company_name: FREQUENCY ELECTRONICS INC
- filed_at: 2023-12-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39020/000118518523001288/0001185185-23-001288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39020/000118518523001288/freqelec20231212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-001288
- JSON: https://secwatch.observer/filing/0001185185-23-001288.json
- Plain text: https://secwatch.observer/filing/0001185185-23-001288.txt

## Key facts
- Earnings Releases
  FREQUENCY ELECTRONICS INC reported the three- and six-month periods of fiscal 2024, ended October 31, 2023 results: revenue approximately $13.6 million and $26.0 million, respectively, net income $0.8 million or $0.08 per diluted share and $2.9 million or $0.30 per diluted share, respectively, EPS $0.08 per diluted share and $0.30 per diluted share, respectively.
  - Period: the three- and six-month periods of fiscal 2024, ended October 31, 2023
  - Revenue: approximately $13.6 million and $26.0 million, respectively
  - Net income: $0.8 million or $0.08 per diluted share and $2.9 million or $0.30 per diluted share, respectively
  - EPS: $0.08 per diluted share and $0.30 per diluted share, respectively
  - Result: reported results
  source text: Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and six-month periods of fiscal 2024, ended October 31, 2023, of approximately $13.6 million and $26.0 million, respectively, compared to revenues of $8.9 million and $17.2 million, respectively, for the same periods of fiscal year 2023, ended October 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39020/000118518523001288/0001185185-23-001288-index.htm

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