U.S. Markets closed

Frequency Electronics: Fiscal 2Q Earnings Snapshot

MITCHEL FIELD, N.Y. (AP) _ Frequency Electronics Inc. (FEIM) on Wednesday reported fiscal second-quarter net income of $122,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Mitchel Field, New York-based company said it had profit of 1 cent.

The maker of precision timing products posted revenue of $12.1 million in the period.

Frequency Electronics shares have climbed 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.45, an increase of 14 percent in the last 12 months.

_____

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