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Stock impact report

Cemtrex GAAP EPS of -$1.15, revenue of $16.9M [Seeking Alpha]

Cemtrex Inc. (CETX) 
Last cemtrex inc. earnings: 8/19 05:03 pm Check Earnings Report
US:NASDAQ Investor Relations: cemtrex.com/investor-relations
Company Research Source: Seeking Alpha
Security segment revenues increased 31% to $9.2 million in Q1'24 on increased demand for Vicon's products and services. Industrial Services segment revenues for Q1'24 increased by 55% to $7.7 million, on increased demand and additional revenue from Heisey Mechanical acquisition. Operating loss for the first quarter improved to $0.7 million, compared to an operating loss of $2.0 million a year ago. Vicon Industries ( OTC:VCON ) subsidiary: Received a $0.8 million second phase order from a current school district customer in New Jersey to develop its security technology system with new solutions, expanding on the customer's previous order. Launched a new cloud security platform, called Anavio ( www.anavio.ai ), that integrates video, access, and intercom in one easy-to-use system, powered by AI and face-based authentication. Advanced Industrial Services (“AIS”) subsidiary: Received $3.8 million in new orders for two projects, including a $2.2 million order for a geothermal sy Show less Read more
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