Frequency Electronics Q1 EPS $0.22 Up From $(0.33) YoY, Sales $12.41M Up From $8.20M YoY
Portfolio Pulse from Benzinga Newsdesk
Frequency Electronics (NASDAQ:FEIM) reported Q1 earnings of $0.22 per share, a 166.67% increase YoY. The company also reported $12.41 million in sales, a 51.24% increase YoY.
September 14, 2023 | 8:20 pm
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POSITIVE IMPACT
Frequency Electronics reported a significant increase in Q1 earnings and sales YoY. This positive financial performance could potentially boost the company's stock price in the short term.
Frequency Electronics reported a significant increase in both earnings and sales YoY. This strong financial performance indicates a positive trend for the company, which could potentially attract more investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100