Frequency Electronics Income Statement

Quarterly: January 2012 - October 2009 Previous Quarters
Annual

Income	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01	2009-10
Revenue	15.45M	15.06M	15.94M	15.94M	12.64M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	9.233M	8.943M	9.795M	10.37M	7.786M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	6.215M	6.112M	6.144M	5.57M	4.849M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense	0.882M	0.873M	1.198M	1.459M	1.233M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	3.39M	3.464M	3.162M	3.018M	2.82M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	13.50M	13.28M	14.16M	14.84M	11.84M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	1.943M	1.775M	1.784M	1.093M	0.796M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-0.369M	-0.369M	0.20M	-0.001M	0.052M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	1.574M	1.406M	1.984M	1.092M	0.848M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	0.50M	0.63M	0.64M	-3.58M	0.34M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	1.074M	0.776M	1.344M	4.672M	0.508M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	1.074M	0.776M	1.344M	4.672M	0.508M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	1.074M	0.776M	1.344M	4.672M	0.508M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01	2009-10
Average Shares to compute diluted EPS	8.508	8.541	8.503	8.363	8.372	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	8.324	8.319	8.305	8.258	8.263	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.13	0.09	0.16	0.57	0.06	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.13	0.09	0.16	0.56	0.06	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro