NasdaqGM:FEIMElectronic
Is FEIM’s Share Buyback a Vote of Confidence Amid Soft Sales and Quantum Bets?
Frequency Electronics, Inc. reported weaker fiscal first-quarter 2026 results with sales declining to US$13.81 million and net income falling to US$634,000, down from the previous year.
The company simultaneously authorized a new US$20 million share repurchase program and highlighted ongoing investment in quantum sensing and key defense sector programs.
With revenue softness offset by management’s expanded buyback and innovation in quantum sensing, we’ll explore the impact on Frequency...