MARKET COMPOSITE
CETX - Cemtrex Inc.8:00:00 PM 4/17/2024
Price
$3.03
-0.17 (-5.31%)
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides IoT products, wearables, and smart devices under the SmartDesk name for mobile, Web, virtual and augmented reality, wearables, and television markets; and security and video surveillance, as well as develops various applications for virtual and augmented reality markets. This segment also offers browser-based video monitoring systems and facial recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Technology segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. This segments installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is headquartered in Brooklyn, New York.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue16.6MM+13%
Gross Profit6.8MM+5%
Cost Of Revenue9.8MM+18%
Operating Income-18.7K-135%
Operating Expenses6.8MM+6%
Net Income-1.2MM+3%
R&D-935.5K-189%
G&A7.8MM+45%
Amortization776.2K-
Interest Expense1.2MM-0%
Stock Chart
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Stock news

    Vicon to Showcase New Unified Cloud Solution Anavio with Groundbreaking Face Authentication and Person of Interest TrackingHauppauge, NY, April 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that its subsidiary, Vicon Industries, is set to showcase its new AI-powered unified cloud solution at ISC West 2024, which will be held April 9-12, 2024 at the Venetian Expo, Las Vegas, and with be exhibitin

    Hauppauge, NY, March 11, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received $2.1 million in new orders through its Advanced Industrial Services (“AIS”) subsidiary underscoring the Company’s strong market position and optimistic growth outlook. These orders, including a $1.6 million order for two relocation projects from a leading printing and graphics company, and a $0.5 million order to

    Disruptive Artificial Intelligence (AI) Gun Detection Feature to Launch in the Second Calendar Quarter of 2024, Marking a Significant Milestone Achievement for Detecting Armed Persons in Surveillance FootageHauppauge, NY, March 06, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that its subsidiary, Vicon, is expected to commence the beta release of its innovative Artificial Intelligence (AI) gun dete

    Completed Restructuring in 2023 Now Positions AIS and Vicon Segments for Continued Revenue Growth and Expanded Operating ProfitabilityBrooklyn, NY, Feb. 28, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today issued a letter to shareholders from Chairman and CEO Saagar Govil. To the Shareholders of Cemtrex, Inc., I wanted to provide you with a detailed update on Cemtrex’s activities over the last several months. If

    Cemtrex ( NASDAQ:CETX ) First Quarter 2024 Results Key Financial Results Revenue: US$16.9m (up 41% from 1Q 2023). Net...

    Cemtrex, Inc. (NASDAQ:CETX) Q1 2024 Earnings Call Transcript February 12, 2024 Cemtrex, Inc. misses on earnings expectations. Reported EPS is $-1.15 EPS, expectations were $-0.86. Cemtrex, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to the […]

    Q1 2024 Cemtrex Inc Earnings Call02-13-2024 11:26:23 AM

    Q1 2024 Cemtrex Inc Earnings Call

    Q1’24 Revenue Increased 41% to $16.9M; Management to Host Conference Call Today at 5:00 p.m. ETBrooklyn, 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’

    Brooklyn, NY, Feb. 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, will hold a conference call on Monday, February 12, 2024 at 5:00 p.m. Eastern time to discuss its results for the first quarter ended December 31, 2023. A press release detailing these results will be issued prior to the call. Cemtrex Chief Executive Officer Saagar Govil and Chief Financial Officer Paul Wyckoff will host the conference call, follo

    New Jersey School District Order Adds New Suite of AI-based Analytics From Roughneck AI Camera Series & Valerus Video Management Software SolutionsBrooklyn, NY, Feb. 01, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received a $0.8 million second phase order through Vicon Industries from a current school district customer in New Jersey to develop its security technology system with new soluti