Alliance Global Partners reiterated coverage of Cemtrex with a rating of Buy and set a new price target of $2.75 from $3.50 previously

Brooklyn, NY, Dec. 01, 2022 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ:CETX, CETXP))) subsidiary Vicon Industries, Inc., a designer and manufacturer of video surveillance and access control software, hardware and components, today announced the appointment of Shane Compton as Chief Operating Officer (COO) at Vicon Industries. An accomplished leader in the physical security industry, Compton brings over 20 years of experience as Chief Operations Officer, Chief Technology Officer, and Chief Product Officer at industry-leading companies like Costar Technologies and Pelco. During his time at these companies, he led initiatives to transform internal operations, thereby increasing profitabilit

Brooklyn, NY, Nov. 12, 2021 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP, CETXW))), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today announced that it has received notification from the Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of the Company's appointment of new independent directors, the Company has regained compliance with NASDAQ Listing Rule (Listing Rule, 5605(c)(4)) related to the audit committee requirements of its Board of Directors. The notification stated that the matter of non-compliance is now closed, and the scheduled hearing before th

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Brooklyn, NY, Nov. 21, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP)), an advanced security technology and industrial services company, today announced that its Board of Directors authorized the stockholders approved 1-for-35 reverse stock split (the "Reverse Stock Split") of its common stock, par value $0.001 per share (the "Common Stock"). The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on November 26, 2024 (the "Effective Time"). The Common Stock will continue to trade on The Nasdaq Capital Market under the symbol "CETX" and will begin trading on a post-split basis when the market opens on November 26, 2024. The new CUSIP number for the Common S

Hauppauge, NY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP)), an advanced security technology and industrial services company, today announced that its subsidiary, Vicon Industries, unveiled NEXT™, a next generation modular camera platform that transforms how security integrators and end-users install, interact, and support their camera systems. For an introduction video to Vicon's NEXT, please follow the link here NEXT completely rethinks the traditional camera experience by reducing installation time from hours to minutes, leveraging the most powerful AI processing capabilities on the market, and deploying advanced onboard technologies and integrations. Rap

Brooklyn, NY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, today announced it has been award a $4.7 million contract through its Advanced Industrial Services ("AIS") subsidiary for Trade in Services Agreement (TiSA) energy upgrades at Fort Indiantown Gap in Lebanon County, PA through the Pennsylvania Department of Military and Veterans Affairs Department of General Services. The project includes general construction, HVAC, plumbing, and electrical services to construct a mechanical and pump room, install insulated wall/ceiling panels, and upgrade the existing mechanical and electrical systems, in

Brooklyn, NY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, today announced it has received a $4.5 million contract through its Advanced Industrial Services ("AIS") subsidiary underscoring the Company's strong market position and optimistic growth outlook. The contract award is for both Phase 1 and Phase 2 of the Department of General Services' Elizabethtown Training Academy project. Phase 1 of the project involves the complete renovation of the HVAC systems at the academy, while Phase 2 will focus on the renovation of the Boiler Plant and the Domestic/Fire Protection piping. These updates are exp

Hauppauge, NY, Aug. 14, 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 fiscal third quarter ended June 30, 2024. Key Third Quarter FY 2024 and Subsequent Highlights Revenue for Q3'24 was flat at $14.7 million, compared to revenue of $14.7 million for Q3'23. Security segment revenues decreased 31% to $6.2 million in Q3'24 due primarily to the delay of multiple projects for the segment's products and services.Industrial Services segment revenues for Q3'24 increased 49% to $8.5 million, on increased demand and additional revenue from the Hei

Hauppauge, NY, Aug. 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Wednesday, August 14, 2024 at 5:00 p.m. Eastern time to discuss its results for the fiscal third quarter ended June 30, 2024. 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Wednesday, August 14, 2024Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free di

Hauppauge, NY, May 14, 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 fiscal second quarter ended March 31, 2024. Key Second Quarter FY 2024 and Subsequent Highlights Revenue for Q2'24 increased 7% to $17.2 million, compared to revenue of $16.1 million for Q2'23. Security segment revenues decreased 18% to $8.1 million in Q2'24 due to the delay of certain projects for the segment's products and services.Industrial Services segment revenues for Q2'24 increased 47% to $9.1 million, on increased demand and additional revenue from the Heisey M

Hauppauge, NY, May 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Tuesday, May 14, 2024 at 5:00 p.m. Eastern time to discuss its results for the fiscal second quarter ended March 31, 2024. 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Tuesday, May 14, 2024Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free dial-in num

Hauppauge, NY, May 03, 2024 (GLOBE NEWSWIRE) --  – Cemtrex, Inc. (NASDAQ:CETX) (the "Company"), an advanced security technology and industrial services company, today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of approximately $10 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering was upsized from $9 million. The base offering consisted of 11,764,705 Common Units or Pre-Funded Units, each consisting of one share of common stock ("Common Share") or one Pre-Funded Warrant, one Series A Warrant to purchase one Common Share at an exercise price of $0.85 per share or p

Hauppauge, NY, May 01, 2024 (GLOBE NEWSWIRE) --  – Cemtrex, Inc. (NASDAQ:CETX) (the "Company"), an advanced security technology and industrial services company, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $10 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering was upsized from $9 million. The base offering consists of 11,764,705 Common Units or Pre-Funded Units, each consisting of one share of common stock ("Common Share") or one Pre-Funded Warrant, one Series A Warrant to purchase one Common Share at an exercise price of $0.85 per

Shares of Ovid Therapeutics Inc (NASDAQ:OVID) dipped 65.7% to $1.1285 after Takeda’s Skyline study in Dravet syndrome missed its primary endpoint. Takeda Pharmaceutical Co Ltd (NYSE:TAK) announced topline data from its SKYLINE and SKYWAY Phase 3 studies of Soticlestat (TAK-935) for the treatment of Dravet syndrome (DS) and Lennox-Gastaut syndrome (LGS). AMMO shares dipped 19.1% to $2.0306 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Interactive Strength Inc. (NASDAQ:TRNR) shares climbed 148% to $7.07 after dipping 19% on Friday. Mustang Bio, Inc. (NASDAQ:MBIO) shares jumped 145% to $0.32 after the company announced safety and efficacy da

Gainers Smartsheet (NYSE:SMAR) stock moved upwards by 12.8% to $42.63 during Thursday's pre-market session. The company's market cap stands at $5.8 billion. As per the press release, Q1 earnings came out yesterday. SecureWorks (NASDAQ:SCWX) shares moved upwards by 11.11% to $6.5. The company's market cap stands at $574.3 million. As per the news, the Q1 earnings report came out today. Oblong (NASDAQ:OBLG) shares rose 10.56% to $0.31. The market value of their outstanding shares is at $6.2 million. 8x8 (NASDAQ:EGHT) stock rose 10.38% to $2.88. The market value of their outstanding shares is at $361.2 million. Castellum (AMEX:CTM) shares increased by 8.38% to $0.21. The company's market c

Gainers Ambarella (NASDAQ:AMBA) shares moved upwards by 19.2% to $57.6 during Friday's pre-market session. The market value of their outstanding shares is at $2.3 billion. As per the press release, Q1 earnings came out yesterday. Zscaler (NASDAQ:ZS) shares moved upwards by 16.62% to $182.7. The market value of their outstanding shares is at $27.3 billion. As per the press release, Q3 earnings came out yesterday. Datasea (NASDAQ:DTSS) shares moved upwards by 15.3% to $5.5. The market value of their outstanding shares is at $16.8 million. Asana (NYSE:ASAN) shares moved upwards by 8.53% to $14.25. The market value of their outstanding shares is at $3.2 billion. As per the news, the Q1 earni

Gainers Cemtrex (NASDAQ:CETX) shares rose 27.3% to $0.5 during Thursday's regular session. The market value of their outstanding shares is at $5.3 million. Sobr Safe (NASDAQ:SOBR) stock increased by 20.42% to $0.37. The company's market cap stands at $7.3 million. Credo Technology Group (NASDAQ:CRDO) stock increased by 19.33% to $24.13. The market value of their outstanding shares is at $3.9 billion. The company's, Q4 earnings came out yesterday. HP (NYSE:HPQ) shares moved upwards by 19.02% to $39.04. The market value of their outstanding shares is at $38.2 billion. The company's, Q2 earnings came out yesterday. Sonim Technologies (NASDAQ:SONM) stock rose 17.29% to $0.63. The market val

Gainers Cemtrex (NASDAQ:CETX) shares rose 14.2% to $0.45 during Thursday's pre-market session. The market value of their outstanding shares is at $4.7 million. Verb Tech (NASDAQ:VERB) stock rose 12.34% to $0.18. The company's market cap stands at $18.9 million. C3.ai (NYSE:AI) shares rose 11.62% to $26.7. The company's market cap stands at $3.2 billion. As per the news, the Q4 earnings report came out yesterday. Presto Automation (NASDAQ:PRST) shares rose 10.74% to $0.13. The market value of their outstanding shares is at $15.5 million. My Size (NASDAQ:MYSZ) shares increased by 8.69% to $3.75. The market value of their outstanding shares is at $2.4 million. N-able (NYSE:NABL) stock ros

Gainers AEye (NASDAQ:LIDR) shares increased by 30.1% to $5.05 during Tuesday's after-market session. The company's market cap stands at $33.4 million. Cemtrex (NASDAQ:CETX) shares increased by 7.16% to $0.41. The company's market cap stands at $4.3 million. Iveda Solutions (NASDAQ:IVDA) stock increased by 6.96% to $0.68. The market value of their outstanding shares is at $11.0 million. As per the news, the Q1 earnings report came out yesterday. WiSA Technologies (NASDAQ:WISA) shares rose 5.28% to $2.59. The company's market cap stands at $12.0 million. As per the news, the Q1 earnings report came out today. Wrap Technologies (NASDAQ:WRAP) shares increased by 4.84% to $1.73. The market v

Gainers Meta Materials (NASDAQ:MMAT) shares rose 38.7% to $3.19 during Tuesday's regular session. The company's market cap stands at $21.3 million. AEye (NASDAQ:LIDR) shares moved upwards by 33.26% to $3.38. The market value of their outstanding shares is at $22.4 million. Iris Energy (NASDAQ:IREN) stock increased by 14.46% to $7.28. The market value of their outstanding shares is at $1.0 billion. As per the news, the Q3 earnings report came out 4 days ago. Alarum Technologies (NASDAQ:ALAR) stock rose 14.32% to $32.01. The market value of their outstanding shares is at $205.8 million. As per the press release, Q1 earnings came out today. Signing Day Sports (AMEX:SGN) shares moved upward

https://www.vicon-security.com/ai-pr/ Vicon Industries, Inc., a subsidiary of Cemtrex Inc. (NASDAQ:CETX, CETXP))), designer and manufacturer of video surveillance and access control software, hardware, and components, announced today its AI-based analytics solution, which filters out non-relevant video in post-incident searches so users can find the information they need faster and easier. They will be showcasing their new suite of analytics at ISC West 2023 in Las Vegas. Attendees can see it in action at the Vicon booth #5081 from March 29-31 at the Venetian Expo.Vicon's enhanced line of Roughneck® AI Cameras and its latest VMS release—Valerus 23.1—combine to deliver powerful AI-based objec

Gainers MMTEC (NASDAQ:MTC) shares moved upwards by 39.0% to $1.46 during Tuesday's pre-market session. The company's market cap stands at $290.7 million. Meta Materials (NASDAQ:MMAT) stock increased by 32.6% to $3.05. The company's market cap stands at $20.4 million. Cheetah Mobile (NYSE:CMCM) stock increased by 19.27% to $6.62. The market value of their outstanding shares is at $197.8 million. Nano Labs (NASDAQ:NA) shares moved upwards by 8.42% to $0.65. The market value of their outstanding shares is at $45.2 million. Soluna Holdings (NASDAQ:SLNH) shares moved upwards by 8.12% to $2.82. The company's market cap stands at $10.7 million. The company's, Q1 earnings came out 3 days ago.

Shares of Virios Therapeutics, Inc. (NASDAQ:VIRI) fell sharply during Monday's session after the company priced a $1.7 million public offering of 8.5 million shares of common stock at $0.20 per share. Virios Therapeutics shares dipped 47.6% to $0.1850 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers MultiMetaVerse Holdings Limited (NASDAQ:MMV) shares jumped 224% to $2.01. MultiMetaVerse Holdings signed a non-binding term sheet to acquire 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries. GT Biopharma, Inc. (NASDAQ:GTBP) rose 146% to $7.64. GT Biopharma, last week, posted a narrower-than-expected quarterly loss. Tantech Hold

Hauppauge, NY, Aug. 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Wednesday, August 14, 2024 at 5:00 p.m. Eastern time to discuss its results for the fiscal third quarter ended June 30, 2024. 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Wednesday, August 14, 2024Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free di

Hauppauge, NY, May 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Tuesday, May 14, 2024 at 5:00 p.m. Eastern time to discuss its results for the fiscal second quarter ended March 31, 2024. 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Tuesday, May 14, 2024Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free dial-in num

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. Operat

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, followed by a question-and-answer period. To access the call, please use the following information: Date:Monday, February 12, 2024Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free dial-in

Fiscal Full Year 2023 Revenue Increased 33% to $59.7M Fiscal Full Year 2023 Gross Margin up 680 Basis Points to 44% Management to Host Conference Call Today at 5:00 p.m. ET Brooklyn, NY , Dec. 21, 2023 (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 fourth quarter and fiscal year ended September 30, 2023. Cemtrex expects to file its Form 10-K with the Securities and Exchange Commission ("SEC") after the market close on Wednesday, December 27, 2023. Key Full Fiscal Year 2023, Fourth Quarter and Subsequent Highlights Revenue for F

Brooklyn, NY, Dec. 07, 2023 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Thursday, December 21, 2023 at 5:00 p.m. Eastern time to discuss its results for the fourth quarter and full fiscal year ended September 30, 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Thursday, December 21, 2023Time:5:00 p.m. Eastern time, 2:00 p.m. Pac

Gross Margin up 200 Basis Points to 44% in Q3'23 Management to Host Conference Call Today at 5:00 p.m. ET Brooklyn, NY, Aug. 10, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, has reported its financial and operational results for the third quarter ended June 30, 2023. Key Third Quarter FY 2023 and Subsequent Highlights Revenue for Q3'23 increased 22% to $14.7 million, compared to revenue of $12.1 million for Q3'22. Security segment revenues increased 36% to $9.0 million in Q3'23 as border protection vertical drives new order volumes for Vicon. Gross margin up 200 basis points to 44% in Q3'23 from 42% in

Brooklyn, NY, July 26, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Thursday, August 10, 2023 at 5:00 p.m. Eastern time to discuss its results for the third quarter ended June 30, 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Thursday, August 10, 2023Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free dial-in numb

Gross Margin up 1360 Basis Points to 46% in Q2'23 Management to Host Conference Call Today at 5:00 p.m. ET Brooklyn, NY, May 11, 2023 (GLOBE NEWSWIRE) --  Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, has reported its financial and operational results for the second quarter ended March 31, 2023. Key Second Quarter FY 2023 and Subsequent Highlights Revenue for Q2'23 increased 37% to $16.1 million, compared to revenue of $11.7 million for Q2'22. Security segment revenues increased 47% to $9.9m in Q2'23 as border protection vertical drives new order volumes for Vicon. Gross margin up 1360 basis points to 46% in Q2'23 from 3

Brooklyn, NY, April 27, 2023 (GLOBE NEWSWIRE) --  Cemtrex Inc. (NASDAQ:CETX, CETXP))), an advanced security technology and industrial services company, will hold a conference call on Thursday, May 11, 2023 at 5:00 p.m. Eastern time to discuss its results for the second quarter ended March 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, followed by a question-and-answer period. To access the call, please use the following information: Date:Thursday, May 11, 2023Time:5:00 p.m. Eastern time, 2:00 p.m. Pacific timeToll-free dial-in number:1-