 MITCHEL FIELD, N.Y., March 11, 2021 GLOBE NEWSWIRE -- Frequency Electronics, Inc. FEI or the Company NASDAQ-FEIM is reporting revenues for the three- and nine-month periods of fiscal 2021, ended January 31, 2021, of 11.7 million and 38.6 million, respectively, compared to revenues of 9.6 million and 31.3 million, respectively, for the same periods of fiscal 2020, ended January 31, 2020. Operating loss for the third quarter of fiscal 2021 was 939,000 compared to an operating loss of 1.6 million for the same period of fiscal 2020. Operating loss was 1.1 million for the nine months ended January 31, 2021 compared to an operating loss of 7.3 million for the nine months ended January 31, 2020. Net loss for the three and nine months ended January 31, 2021 was 800,000 or 0.09 per diluted share and 733,000 or 0.08 per diluted share, respectively, compared to net losses of 1.6 million or 0.17 per share and 7.1 million or 0.78 per share, respectively, for the same periods of fiscal 2020. 