MITCHEL FIELD, N.Y. (AP) _ Frequency Electronics Inc. (FEIM) on Thursday reported a loss of $1.5 million in its fiscal third quarter.
The Mitchel Field, New York-based company said it had a loss of 17 cents per share.
The maker of precision timing products posted revenue of $9.6 million in the period.
Frequency Electronics shares have decreased 42% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.95, a decrease of 47% in the last 12 months.