Frequency Electronics reports 2Q loss
Frequency Electronics posts second-quarter loss of $1 million
MITCHEL FIELD, N.Y. (AP) _ Frequency Electronics Inc. (FEIM) on Wednesday reported a loss of $1 million in its fiscal second quarter.
On a per-share basis, the Mitchel Field, New York-based company said it had a loss of 12 cents.
The maker of precision timing products posted revenue of $12.9 million in the period.
Frequency Electronics shares have fallen slightly more than 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.48, a rise of 2.5 percent in the last 12 months.
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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
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Keywords: Frequency Electronics, Earnings Report
