11.12.2014 09:31:35
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Frequency Electronics Reports Lower Q2 Profit
(RTTNews) - Frequency Electronics, Inc. (FEIM) reported lower profit in the second quarter of $1.3 million or $0.15 per share than $1.4 million or $0.16 per share in the year- ago quarter.
Analysts expected the company to report net income of $0.09 per share for the period. Analysts' estimates usually exclude one-time items.
Second-quarter revenues rose to $19.2 million from $17.0 million recorded in the same quarter last year.
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Frequency Electronics Inc.Shs | 14,00 | -2,78% |
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