{
  "id": 6937366,
  "title": "Frequency Electronics (FEIM) Soars After Record Revenue",
  "url": "https://urgent.news/2026/09/12/frequency-electronics-feim-soars-after-record-revenue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T13:34:02.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/frequency-electronics-feim-soars-record-133402974.html"
  },
  "original_language": "en",
  "account": "Frequency Electronics, Inc. (FEIM) announced record revenue for the first quarter of fiscal 2027, revealing a 70% increase year-over-year and a 52% rise sequentially. The company expects to hit its target of $150 million in annual revenue by fiscal 2029, which ends April 30, 2029. With a funded backlog of $129 million, up 82% year-over-year and 16% sequentially, FEIM sees future growth supported by this backlog, expanding order book, and larger end markets. The company also reported improved profitability, with gross margin at 46% and operating margin surpassing 22%. Despite internal research and development expenses expected to remain below 10% of revenue, production ramp-up challenges and limited success with new defense technology companies could impact profitability. Hedge fund interest has increased, but short interest remains relatively high at 11.39%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}