Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through two segments, Advanced Technologies and Industrial Services. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems and analytics-based 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 Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; 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 based in Brooklyn, New York.
IPO Year:
Exchange: NASDAQ
Website: cemtrex.com
Hauppauge, NY, May 29, 2025 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (NASDAQ:CETX) (the "Company"), an advanced security technology and industrial services company, today announced the closing of its previously announced firm commitment underwritten public offering. Gross proceeds to the Company were approximately $1.25 million, before deducting underwriting fees and other offering expenses payable by the Company. The offering closed on May 29, 2025. The offering consisted of 1,250,000 shares of common stock ("Common Stock"). The public offering price per share of Common Stock was $1.00. In addition, the Company has granted Aegis Capital Corp. ("Aegis") a 45-day option to purchase additional s
Hauppauge, NY, May 28, 2025 (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 $1.25 million, before deducting underwriting fees and other offering expenses payable by the Company. The offering consists of 1,250,000 shares of common stock ("Common Stock"). The public offering price per share of Common Stock is $1.00. In addition, the Company has granted Aegis Capital Corp. ("Aegis") a 45-day option to purchase additional shares of Common Stock of up to 15.0% of the num
Hauppauge, NY, May 27, 2025 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (NASDAQ:CETX) (the "Company"), an advanced security technology and industrial services company, today announced that it has commenced a public offering to offer and sell shares of Common Stock (or pre-funded warrants in lieu thereof). All of the share of Common Stock and pre-funded warrants are being offered by the Company (the "Offering"). The Company intends to use the net proceeds from this offering for general corporate purposes, paying down indebtedness, and working capital needs. The Company's Common Stock is trading on the Nasdaq Capital Market under the symbol "CETX". The Offering is subject to market conditions, and
Hauppauge, NY, May 27, 2025 (GLOBE NEWSWIRE) -- – Advanced Industrial Services (AIS), a subsidiary of Cemtrex Inc. (NASDAQ:CETX, CETXP)), has been awarded a $1.84 million contract by the City of Lancaster to upgrade critical infrastructure at its Advanced Wastewater Treatment Plant (AWWTP). This win adds to AIS's growing track record of delivering high-impact projects across the municipal and industrial sectors. Under Contract No. 2023-33-01, titled Advanced Wastewater Treatment Plant South Primary Clarifier Upgrades Project, AIS will replace process mechanical and electrical systems, rehabilitate clarifier structures, and modernize control systems for four primary clarifiers in the Sout
Brooklyn, NY, May 15, 2025 (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 second quarter ended March 31, 2024. Key Highlights for Second Fiscal Quarter 2025 Revenue increased 59% to $27.3 million, compared to revenue in the prior year quarter of $17.2 million.Operating Income totaled $4.6 million, compared to an operating loss of $1 million in Q2 FY 2024.Net Income for the period was $8.4 million, compared to a net loss of $1.5 million in Q2 FY 2024.Gross profit margin increased to 45%, up from 40% in the prior year period.Stockholders equity rose
Hauppauge, NY, May 12, 2025 (GLOBE NEWSWIRE) -- – Vicon Industries, a subsidiary of Cemtrex Inc. (NASDAQ:CETX) and a leading provider of advanced security and surveillance solutions, today announced that it has officially received the STQC certification from India's Ministry of Electronics and Information Technology (MeitY), marking a major milestone in the company's global expansion strategy. With this certification, Vicon becomes one of the select few surveillance manufacturers to meet the stringent cybersecurity and quality standards under India's IoT Security Compliance for Surveillance Cameras Scheme (IoTSCS-ER). The designation enables Vicon to market and sell its certified product
Hauppauge, NY, May 07, 2025 (GLOBE NEWSWIRE) -- - Vicon Industries, a subsidiary of Cemtrex Inc. (NASDAQ:CETX) and a leading provider of advanced security and surveillance solutions, today announced it has secured a significant new order valued at approximately $1 million from one of Saudi Arabia's leading media and broadcasting organizations. The order includes the company's latest innovation, the NEXT Modular Sensor System, and marks a major milestone for Vicon's expansion into the Gulf region. The comprehensive deployment spans hundreds of advanced starlight dome and bullet cameras, enterprise-grade Valerus video management licenses, and multiple high-capacity recording servers, all s
Hauppauge, NY, Feb. 18, 2025 (GLOBE NEWSWIRE) -- – Vicon Industries, a subsidiary of Cemtrex Inc. (NASDAQ:CETX) and a leading provider of advanced security and surveillance solutions, today announced it has secured a significant new order valued at approximately $1.2 million from an existing customer. The order includes Vicon cameras, servers, and additional Valerus VMS licenses for deployment in a Texas border protection application. This latest order reflects the continued confidence customers place in Vicon's innovative security solutions and reinforces the company's growing presence in high-security environments. With fulfillment expected in fiscal Q2 2025, the order adds to the comp
Hauppauge, NY, Feb. 14, 2025 (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 first quarter ended December 31, 2024. Key Highlights for First Fiscal Quarter 2025 Revenue for Q1'25 decreased 19% to $13.7 million, compared to revenue in the prior year of $16.9 million.AIS revenue increased 7% to $8.3 million, capitalizing on strategic acquisitions and growing market demand.Vicon Innovations: Launched NEXT™ Modular Camera System, integrating groundbreaking AI analytics and Hailo-15 edge AI processing, poised to redefine the surveillance industry.Strategi
Brooklyn, 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 The Nasdaq Stock Market. Cemtrex previously received a notification letter from the Nasdaq Listing Qualifications Department on August 23, 2024, notifying the Company that, because the stockholde
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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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
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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-