The earnings call reflects a strong performance with record revenue and significant financial growth metrics. However, there are challenges such as decreased revenue from non-space government contracts, a reduction in backlog, and increased expenses. Despite these lowlights, the positive financial achievements and strategic direction indicate a promising outlook.

Company Guidance

During the Frequency Electronics' third quarter fiscal 2025 earnings call, the company reported significant financial improvements with consolidated revenue reaching $49.8 million for the nine months ending January 31, 2025, up from $39.7 million in the prior year. Revenue from commercial and U.S. government satellite programs rose to approximately $28.8 million, accounting for 58% of total revenue, compared to 41% in the previous period. Operating income surged to $8.5 million, up from $2.5 million, driven by successful completion of major space program milestones. The company also recorded a substantial income tax benefit of $11.6 million, contributing to a net income of $20.5 million or $2.18 per share, compared to $3 million or $0.32 per share in the prior year. With a strong balance sheet, a working capital of $27 million, and a current ratio of 2.2 to 1, Frequency Electronics is well-positioned to meet future financial needs despite a decrease in cash by $12.8 million since year-end. The company forecasts continued revenue growth, supported by a robust backlog of $73 million and strategic investments in R&D, particularly in quantum sensing and satellite technologies.

Record Revenue Quarter

This was the highest revenue quarter for Frequency Electronics in 10 years, driven by progress on specific programs and conversion of a historically high backlog into revenue.

Substantial Year-over-Year Revenue Growth

For the nine months ended January 31, 2025, consolidated revenue was $49.8 million, a 25.4% increase from $39.7 million in the prior fiscal year.

Gross Margin Improvement

Gross margin and rate increased compared to the same period in fiscal year 2024, driven by successful completion of major milestones in large space programs.

Significant Operating Income Increase

Operating income for the nine months ended January 2025 was $8.5 million, up from $2.5 million in the prior year.

Strong Net Income Growth

Net income for the nine months ended January 31, 2025 was $20.5 million, compared to $3 million in the previous fiscal year.

Debt-Free and Strong Liquidity

The company remains debt-free with adequate liquidity to meet its needs for the next 12 months.

Frequency Electronics (FEIM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FEIM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 11, 2025	2026 (Q1)	0.36 / -	0.255	―	―	―
Jul 10, 2025	2025 (Q4)	0.27 / 0.34	0.276	23.19% (+0.06)	―
Mar 13, 2025	2025 (Q3)	- / 1.60	0.014	11321.43% (+1.58)	―
Dec 10, 2024	2025 (Q2)	- / 0.28	0.08	246.25% (+0.20)	―
Sep 10, 2024	2025 (Q1)	- / 0.26	0.22	15.91% (+0.04)	―
Jul 22, 2024	2024 (Q4)	- / 0.28	0.03	820.00% (+0.25)	―
Mar 14, 2024	2024 (Q3)	- / 0.01	-0.03	146.67% (+0.04)	―
Dec 12, 2023	2024 (Q2)	- / 0.08	-0.25	132.00% (+0.33)	―
Sep 14, 2023	2024 (Q1)	- / 0.22	-0.33	166.67% (+0.55)	―
Jul 13, 2023	2023 (Q4)	- / 0.03	-0.74	104.05% (+0.77)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FEIM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 10, 2025	$22.67	$19.64	-13.37%
Mar 13, 2025	$14.06	$16.00	+13.80%
Dec 10, 2024	$12.79	$16.70	+30.57%
Sep 10, 2024	$13.73	$12.61	-8.16%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Frequency Electronics (FEIM) report earnings?

Frequency Electronics (FEIM) is schdueled to report earning on Sep 11, 2025, TBA (Confirmed).

What is Frequency Electronics (FEIM) earnings time?

Frequency Electronics (FEIM) earnings time is at Sep 11, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FEIM EPS forecast?

FEIM EPS forecast for the fiscal quarter 2026 (Q1) is 0.36.

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