MITCHEL FIELD, N.Y. (AP) — MITCHEL FIELD, N.Y. (AP) — Frequency Electronics Inc. (FEIM) on Thursday reported net income of $2 million in its fiscal first quarter.

The Mitchel Field, New York-based company said it had net income of 22 cents per share.

The maker of precision timing products posted revenue of $12.4 million in the period.

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