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MITCHEL FIELD, N.Y. (AP) — MITCHEL FIELD, N.Y. (AP) — Frequency Electronics Inc. (FEIM) on Thursday reported net income of $246,000 in its fiscal fourth quarter.
On a per-share basis, the Mitchel Field, New York-based company said it had net income of 3 cents.
The maker of precision timing products posted revenue of $13 million in the period.
For the year, the company reported a loss of $5.5 million, or 59 cents per share. Revenue was reported as $40.8 million.
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