{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000239","form_type":"8-K","ticker":"FEIM","cik":"0000039020","company_name":"FREQUENCY ELECTRONICS INC","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.605168+00:00","generated_at":"2026-06-04T21:50:29.925733+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Frequency Electronics Q3 revenue rises to $13.7M but posts operating loss of $0.5M; backlog record $67M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000239","json":"https://secwatch.observer/filing/0001185185-24-000239.json","markdown":"https://secwatch.observer/filing/0001185185-24-000239.md","text":"https://secwatch.observer/filing/0001185185-24-000239.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39020/000118518524000239/0001185185-24-000239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39020/000118518524000239/freqelec20240314_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T21:50:29.925733+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":"85f14f621eea75ccf585fff925886d5ceff4747d","claim":"FREQUENCY ELECTRONICS INC reported three-month and nine-month periods of fiscal 2024, ended January 31, 2024 results: revenue approximately $13.7 million and $39.7 million, respectively, net income Net Income from operations for the three and nine months ended January 31, 2024 was $0.1 million or $0.01 per diluted sh, EPS $0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively.","evidence_excerpt":"Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three-month and nine-month periods of fiscal 2024, ended January 31, 2024, of approximately $13.7 million and $39.7 million, respectively, compared to revenues of $10.6 million and $27.8 million, respectively, for the same periods of fiscal year 2023, ended January 31, 2023. Operating loss for the third quarter of fiscal year 2024 was $0.5 million compared to an operating income of $0.3 million for the same period of fiscal year 2023. Operating Income for the nine months ended January 31, 2024 was $2.5 million compared to an operating loss of $5.1 million for the nine months ended January 31, 2023. Net Income from operations for the three and nine months ended January 31, 2024 was $0.1 million or $0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively, compared to net losses from operations for the three and nine month ended January 31, 2023 of $0.3 million or ($0.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39020/000118518524000239/0001185185-24-000239-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-month and nine-month periods of fiscal 2024, ended January 31, 2024"},{"label":"Revenue","value":"approximately $13.7 million and $39.7 million, respectively"},{"label":"Net income","value":"Net Income from operations for the three and nine months ended January 31, 2024 was $0.1 million or $0.01 per diluted sh"},{"label":"EPS","value":"$0.01 per diluted share and $3.0 million or $0.32 per diluted share, respectively"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c615674b3ba0332bbba5ffa3f2831da869933348","claim":"FREQUENCY ELECTRONICS INC reported financial results for the quarter ended January 31, 2024.","evidence_excerpt":"On March 14, 2024, Frequency Electronics, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended January 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39020/000118518524000239/0001185185-24-000239-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended January 31, 2024"},{"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"}