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Frequency Electronics reported robust Q4 earnings but saw its stock price dip despite a "strong-buy" upgrade.
Frequency Electronics (FEIM) reported strong Q4 earnings with $1.60 earnings per share and a 21.49% return on equity.
The company's stock price fell by $0.13 to $14.06, though StockNews.com upgraded its rating to "strong-buy."
FEIM focuses on precision time and frequency control products, particularly for communication satellites and defense applications.
The company saw significant revenue and operating income growth in the last fiscal year, with a growing backlog and increased R&D investment aimed at new market opportunities.
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Frequency Electronics reportó ganancias robustas de Q4, pero vio su caída en el precio de las acciones a pesar de una actualización de "fuerte compra".