Advertisement
Canada markets closed
  • S&P/TSX

    24,439.08
    -32.09 (-0.13%)
     
  • S&P 500

    5,815.26
    -44.59 (-0.76%)
     
  • DOW

    42,740.42
    -324.80 (-0.75%)
     
  • CAD/USD

    0.7256
    +0.0007 (+0.09%)
     
  • CRUDE OIL

    70.90
    +0.32 (+0.45%)
     
  • Bitcoin CAD

    92,148.73
    +863.90 (+0.95%)
     
  • XRP CAD

    0.74
    -0.01 (-1.42%)
     
  • GOLD FUTURES

    2,678.70
    -0.20 (-0.01%)
     
  • RUSSELL 2000

    2,249.82
    +1.18 (+0.05%)
     
  • 10-Yr Bond

    4.0380
    -0.0600 (-1.46%)
     
  • NASDAQ futures

    20,339.50
    -2.50 (-0.01%)
     
  • VOLATILITY

    20.64
    +0.94 (+4.77%)
     
  • FTSE

    8,249.28
    -43.38 (-0.52%)
     
  • NIKKEI 225

    39,910.55
    +304.75 (+0.77%)
     
  • CAD/EUR

    0.6661
    +0.0019 (+0.29%)
     

Frequency Electronics: Fiscal Q4 Earnings Snapshot

MITCHEL FIELD, N.Y. (AP) — MITCHEL FIELD, N.Y. (AP) — Frequency Electronics Inc. (FEIM) on Monday reported net income of $2.6 million in its fiscal fourth quarter.

On a per-share basis, the Mitchel Field, New York-based company said it had net income of 28 cents.

The maker of precision timing products posted revenue of $15.6 million in the period.

For the year, the company reported profit of $5.6 million, or 59 cents per share. Revenue was reported as $55.3 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FEIM at https://www.zacks.com/ap/FEIM