FEIM

Company Earnings Call Clarification: Frequency Electronics, Inc. clarified that their projected near-term revenue of $1M to $2M from the TURbO compact rubidium atomic clock refers to existing orders and does not fully capture the larger market potential, which could exceed $20M by FY2027 due to expanding applications in drone technology.

Company Overview and Future Outlook: FEI is a leader in precision timing and frequency technology, with products used across various sectors including military and commercial applications; they emphasize ongoing research and development to adapt to future market needs while acknowledging risks associated with forward-looking statements.

U.S. Stock Market Trends: U.S. stock futures are down, with the Dow futures dropping approximately 300 points; several companies, including Frequency Electronics and Capricor Therapeutics, have seen significant declines in their stock prices during pre-market trading.

Company Performance Highlights: Frequency Electronics reported a rise in earnings and sales for Q4 but saw a 5.4% drop in share price; other notable declines include Capricor Therapeutics down 44% and Civista Bancshares down 12.5%.

U.S. Stock Market Update: U.S. stock futures fell on Friday after a slight increase the previous day, with major indices like Dow Jones and S&P 500 showing declines. President Trump's tariffs on Brazil have raised concerns about retaliatory measures from Brazil's government.

Economic Indicators and Market Reactions: The U.S. labor market remains strong despite rising jobless claims, while analysts suggest that markets are becoming desensitized to tariff news. Key stocks such as Delta Air Lines and Levi Strauss reported better-than-expected earnings, contributing to overall market resilience.