Cemtrex receives multi-million dollar order from new customer [Seeking Alpha]
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: Seeking Alpha
Cemtrex (NASDAQ: CETX ) received a multi-million dollar order from a new customer, HBH GmbH to build electronic components for high-power HF amplifiers to be used in the FRIB particle accelerator at Michigan State University. The company expects to execute this order over the next 18-month period. With this new customer and other existing customer needs, Cemtrex’s management team is optimistic for meeting its organic growth targets over the next year, based on customers’ current purchasing volumes. Cemtrex Chairman and CEO Saagar Govil commented, “We are excited to be working with HBH GmbH in supporting Michigan State University on this unique application. We believe that working on extremely complex high-tech electronics such as this validates our underlying strategy to focus on niche high-value markets. This strategy is expected to allow us to maintain our strong track record of growth and deliver long term value to our shareholders.” CETX premarket. Now r
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News
- Cemtrex to Host Fiscal Second Quarter 2024 Financial Results Conference Call on Tuesday, May 14, 2024 at 5:00 p.m. Eastern TimeGlobeNewswire
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cemtrex, Inc. Announces Closing of $10 Million Upsized Underwritten Public OfferingGlobeNewswire
- SYT, DPSI among major tech gainers; CETX, SWVL among losers [Seeking Alpha]Seeking Alpha
- Cemtrex, Inc. Announces Pricing of $10 Million Upsized Underwritten Public Offering [Yahoo! Finance]Yahoo! Finance
CETX
Sec Filings
- 5/8/24 - Form SC
- 5/3/24 - Form 8-K
- 5/3/24 - Form 424B4
- CETX's page on the SEC website