 MITCHEL FIELD, N.Y., Dec. 10, 2020 GLOBE NEWSWIRE -- Frequency Electronics, Inc. FEI or the Company NASDAQ-FEIM is reporting revenues for the three and six month periods of fiscal 2021, ended October 31, 2020, of 14.0 million and 26.9 million, respectively, compared to revenues of 9.1 million and 21.6 million, respectively, for the same periods of fiscal 2020, ended October 31, 2019. Operating profit for the second quarter of fiscal 2021 was 219,000 compared to an operating loss of 4.9 million for the same period of fiscal 2020. Operating loss was 119,000 for the six months ended October 31, 2020 compared to an operating loss of 5.7 million for the six months ended October 31, 2019. Net income for the three and six months ended October 31, 2020 was 329,000 or 0.04 per diluted share and 67,000 or 0.01 per diluted share, respectively, compared to net losses of 4.9 million or 0.54 per share and 5.5 million or 0.61 per share, respectively, for the same periods of fiscal 2020. 