Frequency Electronics Q2 revenue up 24% qtr/qtr

Frequency Electronics

11/12/2025 21:14

Overview

Electronics maker's fiscal Q2 revenue rises 24% qtr/qtr

Company's operating income declines compared to last year

Company reports record $81.7 mln funded backlog

Outlook

Frequency Electronics expects Q3 and Q4 to reverse government shutdown impacts

Company anticipates multiple large contract awards in coming months

Frequency Electronics sees growth in quantum sensing over next 3 to 5 years

Result Drivers

REVENUE GROWTH - Q2 revenue increased 24% quarter-over-quarter, attributed to resolution of prior customer-induced delays

BACKLOG INCREASE - Backlog rose to $82 million as at Oct. 31, reflecting strong demand and future growth potential

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$17.13 mln
$17.10 mln (1 Analyst)
Q2 Net Income
$1.80 mln
Q2 Pretax Profit
Miss
$1.77 mln
$4.95 mln (1 Analyst)
Q2 Operating Income
$1.71 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Frequency Electronics Inc is $38.00, about 9% above its December 10 closing price of $34.86

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX3Fk1jc

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)