Core Insights - Frequency Electronics, Inc. reported strong financial results for Q2 and the first half of fiscal year 2026, with revenues of approximately $17.1 million for the quarter, representing a 24% increase quarter over quarter, and a total of $30.9 million for the six months [2][3] - The company experienced a decrease in operating income, reporting $1.7 million for Q2 and $2.1 million for the first half, compared to $2.6 million and $5.0 million in the same periods of the previous fiscal year [2] - Net income for Q2 was $1.8 million or $0.18 per diluted share, and for the first half, it was $2.4 million or $0.25 per diluted share, down from $2.7 million or $0.28 per diluted share and $5.1 million or $0.53 per diluted share in the prior year [2] - The backlog at the end of October 2025 was approximately $82 million, an increase from $70 million at the end of April 2025, indicating strong future demand [2][3] Financial Performance - Revenue for the three months ended October 31, 2025, was $17.1 million, up from $15.8 million in the same period of 2024, while revenue for the six months was $30.9 million, slightly up from $30.9 million in the previous year [12] - The gross margin for Q2 was $6.5 million, down from $7.6 million in Q2 2024, and for the first half, it was $11.6 million, down from $14.3 million [12] - Selling and administrative expenses increased to $3.6 million for Q2 and $7.2 million for the first half, compared to $3.4 million and $6.2 million in the same periods of the previous year [12] Strategic Outlook - The company anticipates multiple large contract awards in the near term, particularly in its core technologies, which are expected to yield high margins [4] - There is optimism regarding the growth of the core business, which is expected to continue expanding beyond the next few quarters, alongside new opportunities in quantum sensing and satellite applications [4] - The second annual Quantum Sensing Summit has been rescheduled for January 14-15, 2026, which will gather leaders from various sectors to discuss advancements in technology and reinforce the company's strategic role in this field [5]

Core Viewpoint - Frequency Electronics, Inc. will hold a conference call to discuss its second quarter results for fiscal year 2026, which ended on October 31, 2025, scheduled for December 11, 2025, at 4:30 PM Eastern Time [1]. Company Overview - Frequency Electronics, Inc. (FEI) is a leader in designing, developing, and manufacturing high precision timing, frequency generation, and RF control products for both space and terrestrial applications [4]. - The company's products are utilized in satellite payloads and various systems including commercial, government, and military applications such as C4ISR, electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, and energy exploration [4]. - FEI has received over 100 awards for excellence in providing high-performance electronic assemblies for more than 150 space and Department of Defense programs [4]. - The company invests significantly in research and development to enhance its capabilities and expand its market reach [4]. - FEI's mission is to transform research discoveries into practical products, maintaining a legacy of delivering unique precision time and frequency generation products for critical applications [4].

Core Insights - Frequency Electronics, Inc. (FEI) is hosting the 2025 Quantum Sensing Summit on October 29–30, 2025, in New York City to promote the transition of quantum sensing technologies from laboratory settings to practical applications [1][3] - The summit will feature keynotes, panels, and technical sessions focusing on technologies such as Rydberg and NV-diamond sensors, photonic integrated circuits (PICs), frequency combs, and ultra-low-noise oscillators [2] - The event aims to attract 100–150 participants, including government decision-makers and industry innovators, fostering collaboration and policy influence in the quantum technology sector [3] Company Overview - Frequency Electronics, Inc. is a leader in high precision timing, frequency generation, and RF control products for both space and terrestrial applications [4] - The company's products are utilized in various sectors, including satellite payloads, military systems, and secure communications, with over 100 awards for excellence in electronic assemblies [4] - FEI emphasizes transforming research breakthroughs into practical products, maintaining a commitment to excellence and innovation in its offerings [4]

Company Overview - Frequency Electronics, Inc. (FEI) is a leader in the design, development, and manufacture of high precision timing, frequency generation, and RF control products for both space and terrestrial applications [4] - The company's products are utilized in satellite payloads and various commercial, government, and military systems, including C4ISR, electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, and energy exploration [4] - FEI has received over 100 awards for excellence in providing high-performance electronic assemblies for more than 150 space and Department of Defense (DOD) programs [4] Upcoming Events - Frequency Electronics will hold a conference call to discuss its fiscal year 2025 results on July 10, 2025, at 4:30 PM Eastern Time [1] - The call will be accessible via webcast on the company's Investor Relations website and through a dedicated phone line for both domestic and international callers [2] Financial Information - A telephone replay of the archived call will be available for one week following the call, with specific domestic and international numbers provided for access [3] - The call can also be accessed via a link on the company's website until September 10, 2025 [3] Mission Statement - The company's mission is to transform research discoveries into practical products, emphasizing excellence and creating value for customers, employees, and stockholders [4]