Frequency Electronics Issues a Clarification to Yesterday’s Earnings Call

MITCHEL FIELD, N.Y., July 11, 2025 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency technology, would like to clarify a topic on yesterday’s earnings call. The Company discussed expected near-term revenue from its TURbO compact rubidium atomic clock. As a clarification, although the stated revenue expectation in FY2026 of $1M to $2M is accurate, that comment referred to orders already received since TURbO’s introduction a few weeks ago, and understates the very significant market for this technology.

Source: https://www.globenewswire.com/news-release/2025/07/11/3114178/7746/en/Frequency-Electronics-Issues-a-Clarification-to-Yesterday-s-Earnings-Call.html