Frequency Electronics, Inc. (FEIM) Misses Q3 EPS by 6c

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Go back to Frequency Electronics, Inc. (FEIM) Misses Q3 EPS by 6c

Frequency Electronics, Inc. Announces Third Quarter Fiscal Year 2015 Results

March 11, 2015 4:00 PM EDT

MITCHEL FIELD, N.Y., March 11, 2015 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (Nasdaq: FEIM) reported revenues for the third quarter of fiscal 2015, which ended January 31, 2015, of $18.4 million, compared to $18.2 million recorded in the third quarter of fiscal 2014. Revenues for the first nine months of fiscal 2015 were $57.4 million compared to $52.1 million recorded in the same period of fiscal year 2014.

Operating profit was $997,000 for the quarter ended January 31, 2015, compared to $1.3 million in the third quarter of the prior year. Operating profit for the first nine months of fiscal year 2015 was $3.7 million compared to $3.5 million in... More