04:45 PM EDT, 09/11/2025 (MT Newswires) -- Frequency Electronics ( FEIM ) reported fiscal Q1 net income late Thursday of $0.07 per diluted share, down from $0.25 a year earlier.

An analyst polled by FactSet expected $0.36.

Revenue for the quarter ended July 31 was $13.8 million, down from $15.1 million a year earlier.

A single analyst surveyed by FactSet expected $16.5 million.

The company also approved a $20 million share repurchase program.

Shares of Frequency Electronics ( FEIM ) were down more than 14% in after-hours trading.