Frequency Electronics Q1 Earnings Rise Y/Y on Satellite Payload Growth

Frequency Electronics, Inc. (FEIM) reported earnings per share of 25 cents for the first quarter of fiscal 2025, up from 22 cents in the same quarter of fiscal 2024. Revenues increased 22% year over year, reaching $15.1 million compared to $12.4 million a year earlier. Frequency Electronics delivered a strong first quarter for fiscal 2025, characterized by revenue growth, margin expansion, and disciplined financial management. While government revenues showed some relative weakness, the performance in satel ...