Brett Rice
Analyst, Jenny Montgomery Scott
Replay available
Frequency Electronics, Inc. (NASDAQ: FEIM) Q2 2026 earnings conference call, held 2025-12-11. Replay captured from the company's public earnings webcast.

Analyst, Jenny Montgomery Scott
Chief Financial Officer
Private Investor
Private Investor
Analyst, Craig Hallum
Analyst, Pareto Ventures
Analyst, Vanquish Capital
President and Chief Executive Officer
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WEBVTT 00:00:00.031 -- 00:00:05.077 Greetings, and welcome to the Frequency Electronics second quarter fiscal 2026 00:00:05.077 -- 00:00:09.462 earnings release conference call. At this time, all participants are in a listen-only 00:00:09.462 -- 00:00:13.707 mode. If anyone should require operator assistance during the conference, please press 00:00:13.707 -- 00:00:19.554 star zero on your telephone keypad. As a reminder, this conference is being recorded. 00:00:19.554 -- 00:00:24.280 I will now turn the conference over to your host, Thomas McClelland, President and Chief 00:00:24.280 -- 00:00:28.042 Executive Officer. Sir, the floor is yours. 00:00:29.006 -- 00:00:34.343 Good afternoon. and thank you for joining Frequency Electronics' second quarter 00:00:34.343 -- 00:00:39.771 fiscal year 2026 earnings call. With me today is our 00:00:39.771 -- 00:00:43.995 Chief Financial Officer, Steve Bernstein. 00:00:44.438 -- 00:00:49.867 On our first quarter fiscal 2026 earnings call in September, I discussed 00:00:49.867 -- 00:00:54.954 two near-term factors that produced a quarter with lower revenue than recent 00:00:54.954 -- 00:00:57.440 trend levels suggested. 00:00:57.440 -- 00:01:02.607 The first factor was that strong execution in fiscal 2025 00:01:02.607 -- 00:01:07.755 allowed the company to produce revenue on certain programs 00:01:07.755 -- 00:01:13.022 in fiscal 2025 that we had originally expected to produce 00:01:13.022 -- 00:01:18.807 over a more extended period of time in fiscal 2026, essentially 00:01:19.051 -- 00:01:24.425 pulling forward some revenue. The second factor was customer-driven 00:01:24.425 -- 00:01:29.272 delays on a few key programs that pushed revenue recognition 00:01:29.272 -- 00:01:34.400 out of the fiscal first quarter. Despite those issu...