Frequency Electronics Inc. Releases Pre-Close Brief Ahead of Q1 FY2026 Earnings Call, Announces $20 Million Share Repurchase Authorization
Frequency Electronics Inc. has released a pre-close brief ahead of its scheduled conference call to discuss the financial results for the first quarter of fiscal year 2026. The call is set to take place on Thursday, September 11, 2025, at 4:30 PM Eastern Time. During this period, the company has experienced declines in both revenue and operating income compared to the previous fiscal periods, attributed to timing issues and customer-driven delays. However, the underlying business fundamentals remain strong, with expectations of positive contributions to revenue and operating profit from delayed programs in the near term. The company also announced a $20 million share repurchase authorization, highlighting its confidence in future growth and financial stability.
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