Business Context and Reporting Period
Company: Frequency Electronics, Inc. (FEIM)
Filing Type: Form 8-K (Current Report)
Date of Report: September 9, 2025
Reporting Period Referenced: Quarter ended July 31, 2025 (results announced via press release on September 11, 2025)
Key Financial Metrics
The provided filing text references a press release containing financial results for the quarter ended July 31, 2025, but does not include the specific numerical data within the 8-K body. Consequently, the following metrics are not available in this document:
- Revenue
- Profit and Margins
- Cash Flow
- Debt and Liquidity
Note: Specific financial values are not present in the source text; they are contained in the attached Exhibit 99.1 (Press Release) which is not included in the input.
Material Changes and Corporate Actions
Share Repurchase Authorization
On September 9, 2025, the Board of Directors approved a new share repurchase authorization with the following terms:
- Authorization Amount: $20 million
- Purpose: Discretionary purchase of common stock via open market, private negotiations, or other means.
- Flexibility: The program may be commenced, suspended, or discontinued at any time without notice.
- Expiration: No expiration date.
- Replacement: This authorization replaces the prior program, under which approximately $550,000 remained.
Guidance, Outlook, and Risks
The filing text does not provide specific management commentary, forward-looking guidance, risk factors, or contingencies beyond the announcement of the share repurchase program and the reference to the quarterly results press release.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99.1) for specific revenue, earnings, and cash flow figures for the quarter ended July 31, 2025.
- Verify the remaining balance of the previous share repurchase program ($550,000) and confirm the total capital available for buybacks is now $20 million.
- Monitor future disclosures for the commencement of the new repurchase program and any actual share purchases made under the new authorization.
- Check for any updates on general business and market conditions that may influence the timing of the discretionary repurchases.