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Latest CETX News From Around the Web
Below are the latest news stories about CEMTREX INC that investors may wish to consider to help them evaluate CETX as an investment opportunity.
Cemtrex Regains Compliance with NASDAQ Stockholders’ Equity RequirementBrooklyn, NY, Jan. 06, 2025 (GLOBE NEWSWIRE) -- – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1). The Company’s security will continue to be listed and traded on |
Cemtrex Reports Full Year 2024 EarningsCemtrex ( NASDAQ:CETX ) Full Year 2024 Results Key Financial Results Revenue: US$66.9m (up 13% from FY 2023). Net loss... |
Cemtrex Reports Fourth Quarter and Full Fiscal Year 2024 Financial ResultsQ4’24 Revenue Increased 9% to $18.1M, Fiscal Year 2024 Revenue Increased 13% to $66.9MBrooklyn, NY, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its financial and operational results for the fiscal fourth quarter and year ended September 30, 2024. Key Highlights for Fiscal Year 2024 Revenue for the year ended September 30, 2024, increased 13% to $66.9 million, compared to revenue in the prior y |
Cemtrex’s Vicon Industries secures $10.4M Valerus expansion orderCemtrex’s (CETX) Vicon Industries subsidiary has received a record breaking $10.4M order for a state government corrections facility in the mid-Atlantic region. This significant order will expand the customer’s Valerus surveillance security system with additional hardware, including enhanced storage infrastructure. The order is expected to be fulfilled in the Company’s second fiscal quarter of 2025, fully within Cemtrex’s fiscal year. Specific details about the customer remain confidential in ac |
Cemtrex’s Vicon Industries Secures $10.4 Million Valerus Expansion Order from State Government Corrections CustomerLargest Single Order in Vicon 57-year History Highlights Technology Strength and Growth StrategyHauppauge, NY, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, announced today that its Vicon Industries subsidiary has received a record breaking $10.4 million order for a state government corrections facility in the mid-Atlantic region. This significant order will expand the customer’s Valerus surveillance securit |
Cemtrex Regains Compliance with NASDAQ Listing RequirementBrooklyn, NY, Dec. 13, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement under Nadaq Listing Rule, 5550(a)(2). The Company’s security will continue to be listed and traded on The Nasdaq |
Cemtrex’s Vicon Announces New Partnership with AI Chipmaker Hailo for its New Modular Camera System, NEXT™Hauppauge, NY, Dec. 12, 2024 (GLOBE NEWSWIRE) -- – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that its subsidiary, Vicon Industries, Inc., secured a partnership with Hailo, an AI chip manufacturer known for its high-performance edge AI processors. Together, Vicon and Hailo are raising the bar for video intelligence by integrating the groundbreaking Hailo-15 System-on-a-Chip (SoC) into Vicon’s NEXT Modular Camera System. "O |
Cemtrex’s Advanced Industrial Services Awarded Two Contracts Totaling $6.7 Million from Derry Township Municipal AuthorityProject Supports Innovative Biosolids Management Program to Generate Sustainable FertilizerBrooklyn, NY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has been awarded two project contracts totaling $6.7 million through its Advanced Industrial Services (“AIS”) subsidiary. The contracts are for upgrades at the Clearwater Road Wastewater Treatment Facility in Derry Township, Pennsylvania, |
Cemtrex Announces Integration of AI Armed Person Detection Feature in Vicon NEXT CamerasDisruptive AI Analytic for Detecting Armed Persons in Surveillance Footage to be Included in Vicon NEXT Cameras, Primed for Release in First Calendar Quarter of 2025Hauppauge, NY, Dec. 05, 2024 (GLOBE NEWSWIRE) -- – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that its subsidiary, Vicon, will integrate an innovative Artificial Intelligence (AI) gun detection feature in its NEXT Cameras, which will be released in the first ca |
Cemtrex to Complete 100% Acquisition of Vicon IndustriesBrooklyn, NY, Dec. 04, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that it intends to acquire One Hundred percent (100%) ownership of the entity Vicon Industries, Inc. (VCON), a New York based leading provider of mission critical security and video surveillance systems. This plan, which is expected to close by year-end, will solidify Cemtrex's position as Vicon’s sole owner, increasing its current |