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Frequency Electronics Inc (FEIM.OQ)

FEIM.OQ on NASDAQ Stock Exchange Global Market

9.24USD
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Privet Fund announces resignation of Ryan Levenson
Wednesday, 20 Sep 2017 04:54pm EDT 

Sept 20 (Reuters) - Frequency Electronics Inc :Privet Fund LP - On September 12, Ryan Levenson resigned from board of Frequency Electronics as result of disagreements - SEC filing.Privet Fund LP - Ryan Levenson's disagreements with frequency electronics regarding certain operational decisions and corporate governance practices.  Full Article

Frequency Electronics, Inc. Q1 earnings per share $0.07
Wednesday, 13 Sep 2017 04:00pm EDT 

Sept 13 (Reuters) - Frequency Electronics Inc :Frequency Electronics, Inc. Announces first quarter fiscal year 2018 results.Q1 earnings per share $0.07.Q1 revenue $12 million versus $11.6 million.Frequency Electronics Inc - backlog at end of quarter was $23 million down from $28 million at year end.  Full Article

Frequency Electronics says voluntarily terminated credit deal between co, JPMorgan Chase Bank to save fees, expenses associated with maintaining facility
Monday, 13 Feb 2017 04:59pm EST 

Frequency Electronics Inc : Frequency Electronics - Voluntarily terminated credit deal between co, JPMorgan Chase Bank to save fees, expenses associated with maintaining facility . Frequency Electronics - Termination effective as of Feb 7; at time of termination, there were no borrowings outstanding under $25 million credit facility .Did not incur an early termination fee as a result of termination - SEC Filing.  Full Article

Frequency Electronics posts qtrly loss per share $0.01
Monday, 25 Jul 2016 10:45am EDT 

Frequency Electronics Inc : Frequency Electronics Inc announces fiscal year 2016 results . FY earnings per share $0.11 . Qtrly loss per share $0.01 .Qtrly revenues $14.2 million versus $19.2 million.  Full Article

Frequency Electronics Inc awarded major satellite payload contract
Monday, 25 Apr 2016 10:31am EDT 

Frequency Electronics Inc:Says as been awarded an approximately $15 million contract to supply multi-frequency timing systems for a US/DOD satellite program.  Full Article

Frequency Electronics, Inc secures communication equipment contract
Thursday, 17 Mar 2016 10:19am EDT 

Frequency Electronics, Inc:Secures contract to supply secure communication equipment for a US/DOD missile program.Equipment was developed and is being manufactured by FEI-Zyfer, Frequency's wholly owned subsidiary located in Garden Grove, CA.Initial phase contract value exceeds $5 million, with approximately $3 million of initial funding.Total procurement value including a follow on second phase is expected to exceed $10 million.Equipment is planned to be delivered over the next 18 months.  Full Article

BRIEF-Frequency Electronics appoints Jonathan Brolin to board

* Frequency Electronics Inc appoints largest shareholder to board of directors