Frequency Electronics Inc（FEIM）のニュースとイベントFEIMFrequency Electronics Inc

Frequency Electronics Secures Approximately $12M in Defense Contracts

Frequency Electronics announced that it has received multiple contract awards totaling approximately $12M in support of U.S. Government space and defense programs. The awards span a diverse range of space and non-space defense applications, reflecting FEI's ongoing presence across critical national programs. The space-related awards include long-lead material procurement and continued support for proliferated satellite architectures. The non-space awards include FEI's heritage vibration-insensitive oscillators for naval and software-defined radio applications; secure timing and Positioning, Navigation, and Timing subsystems supporting major missile programs; and resilient GPS receivers for ground-based communications timing applications for a major defense contractor.

Tech Stocks Plunge, S&P 500 Falls for Fourth Consecutive Day

Major indices were down sharply for the fourth consecutive session, though in contrast to the selling earlier in the week, tech-heavy indices - S&P 500 and Nasdaq Composite - were hit harder than Dow Industrials.  Technology, along with Basic Materials, were the worst-performing sectors in the S&P 500 as AI buildout-positive areas of the market buckled under the ongoing strain in borrowing costs.  Semiconductors, Hardware, and Memory stocks were down across the board as the yield on the 10-year Treasury note reached new multi-year highs, jumping another 11 basis points to 4.94%.  Even the Energy sector was weighed down by the more ominous overall market sentiment in spite of yet another spike in oil prices amid continued escalation in the Middle East - WTI Crude Oil was up 7% on Thursday and has picked up another 2% in the evening hours, rising above $104 per barrel.  In the opening hours of the evening session, index futures are little changed, with S&P e-minis flat and the Nasdaq 100 contract down by a decimal.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Frequency Electronicsup 28.3%Copartup 8.4%RHup 6.5%Oracleup 4.2%ALSO HIGHER -ACV Auctionsup 43.8% after being acquired by CopartDOWN AFTER EARNINGS -Zumiezdown 16.7%Champions Oncologydown 2.9%Adobedown 2.0%IBEX Limiteddown 2.0%ALSO LOWER -CPI Card Groupdown 14.0% after selling stock for holders

FEI Reports Q1 Revenue of $23.45M, All-Time High

Reports Q1 revenue $23.45M vs. $13.81M last year. FEI President and CEO, Tom McClelland, commented, "I am very pleased to report first quarter revenue of $23.5 million, an all-time record for FEI, up 70% year-over-year and up 52% sequentially. As we told you on our fourth quarter 2026 earnings call in July, we expect to return to growth starting in this current fiscal 2027, and this first quarter is a strong proof point of that. Further, this performance gives us increasing confidence in our ability to meet or exceed the $150 million or more in annual revenue that we previously guided to by Fiscal 2029, which ends April 30, 2029."