Cemtrex Reports First Quarter 2024 Financial Results
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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US:NASDAQ Investor Relations:
cemtrex.com/investor-relations
Company Research
Source: GlobeNewswire
Brooklyn, NY, Feb. 12, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its unaudited financial and operational results for the first quarter ended December 31, 2023. Key First Quarter FY 2024 and Subsequent Highlights Revenue for Q1’24 increased 41% to $16.9 million, compared to revenue of $12.0 million for Q1’24. 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 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
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News
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cemtrex's Vicon Industries to Attend ISC West 2024 [Yahoo! Finance]Yahoo! Finance
- Cemtrex’s Vicon Industries to Attend ISC West 2024GlobeNewswire
CETX
Sec Filings
- 4/23/24 - Form S-1/A
- 3/27/24 - Form DEF
- 3/21/24 - Form 25-NSE
- CETX's page on the SEC website