---
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"
generated_at: "2026-06-04T21:50:29.925733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Frequency Electronics Q3 revenue rises to $13.7M but posts operating loss of $0.5M; backlog record $67M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000239
- JSON: https://secwatch.observer/filing/0001185185-24-000239.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000239.txt

## Key facts
- Earnings Releases
  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.
  - Period: three-month and nine-month periods of fiscal 2024, ended January 31, 2024
  - 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
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/39020/000118518524000239/0001185185-24-000239-index.htm
- Earnings Releases
  FREQUENCY ELECTRONICS INC reported financial results for the quarter ended January 31, 2024.
  - Period: the quarter ended January 31, 2024
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/39020/000118518524000239/0001185185-24-000239-index.htm

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