MITCHEL FIELD, N.Y. (AP) — MITCHEL FIELD, N.Y. (AP) — Frequency Electronics Inc. (FEIM) on Thursday reported net income of $3.3 million in its fiscal fourth quarter.

On a per-share basis, the Mitchel Field, New York-based company said it had net income of 34 cents.

The maker of precision timing products posted revenue of $20 million in the period.

For the year, the company reported profit of $23.8 million, or $2.48 per share. Revenue was reported as $69.8 million.

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