Education
About Us
Working with TipRanks
Follow Us
Frequency Electronics (FEIM)
NASDAQ:FEIM
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.01Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: 11.81%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with record-breaking revenue and significant net income growth, driven by strong performance in space programs. Despite some challenges such as a decline in non-space government revenue and a decrease in the backlog, the company's strategic positioning in high-growth markets like proliferated satellites and quantum sensing indicates a positive trajectory.Company Guidance
During the Frequency Electronics' Third Quarter Fiscal 2025 Earnings Release Conference Call, CEO Thomas McClelland highlighted significant growth in revenue, gross margin, and operating income for the quarter and year-to-date, marking the highest revenue quarter for the company in a decade. Revenue from commercial and U.S. government satellite programs rose to $28.8 million, accounting for 58% of consolidated revenue, while non-space U.S. government and DoD customer revenue decreased to $19.5 million, representing 39% of consolidated revenue. R&D expenses increased to $4.5 million, reflecting a focus on product modernization. Operating income improved to $8.5 million, up from $2.5 million in the previous year, driven by successful completion of large space programs. The company reported a consolidated net income of $20.5 million or $2.18 per share, and a strong balance sheet with a working capital of $27 million and a current ratio of 2.2:1. The fully-funded backlog stood at $73 million. CFO Steve Bernstein noted a decrease in contract liabilities by $7.4 million quarter-over-quarter, while emphasizing the company's debt-free status and adequate liquidity to meet future operational needs.Record Revenue Growth
Consolidated revenue for the nine months ended January 31, 2025, was $49.8 million, a significant increase from $39.7 million for the same period of the prior fiscal year. This marks the highest revenue quarter for the company in 10 years.
Increase in Operating Income
Operating income for the nine months ending January 31, 2025, was $8.5 million compared to $2.5 million in the prior year, driven by the completion of major milestones in a large space program.
Strong Net Income Growth
Consolidated net income for the nine months ending January 31, 2025, was $20.5 million or $2.18 per share compared to $3 million or $0.32 per share in the previous fiscal year.
Significant Tax Benefit
The company recorded an income tax benefit of $11.6 million for the nine months ending January 31, 2025, including a discrete tax benefit of $11.9 million.
Growing Strategic Importance
The company has increased its strategic importance in larger addressable markets such as proliferated satellites and quantum sensing, which is expected to drive future revenue and profitability.
---
FEIM Earnings History
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 |
|---|---|---|---|
| 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% |
| Jul 22, 2024 | $9.32 | $12.68 | +36.05% |
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 Jul 17, 2025, TBA Not Confirmed.
What is Frequency Electronics (FEIM) earnings time?
Frequency Electronics (FEIM) earnings time is at Jul 17, 2025, TBA Not 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?
Currently, no data Available
---