secwatch.observer — SEC 8-K summary
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Issuer:     FREQUENCY ELECTRONICS INC (FEIM)
CIK:        0000039020
Form:       8-K
Filed at:   2026-09-10T20:10:22+00:00
Accession:  0001185185-26-003916
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frequency Electronics Q1 FY27 revenue $23.5M record, up 70% YoY; EPS $0.41
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- Revenue $23.5M, record, up 70% YoY and 52% sequentially; gross margin ~46%, operating margin >22%.
- Backlog $129M record, up 82% YoY and 16% sequentially; supports $150M+ annual revenue target by FY2029.
- Operating income $5.2M vs $0.4M; net income $4.2M ($0.41 diluted) vs $0.6M ($0.07) year ago.
- Cash from ops $3.0M vs -$1.2M; secondary offering added ~$73M cash, ~$14M after quarter end; debt-free.
- CEO Tom McClelland cites strong growth and profitability; conference call held Sept 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39020/000118518526003916/0001185185-26-003916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39020/000118518526003916/feim8k091026.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-003916

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer