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
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Hauppauge, NY, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX), a diversified industrial and technology company, today announced it has signed non-binding letters of intent to acquire two profitable U.S.-based businesses — one in industrial robotics integration and the other in aerospace and defense systems engineering. Combined, the two companies are expected to contribute $15–18 million in annual revenue and $2.5–3 million in operating income on a go forward basis, once closed and integrated. "These potential acquisitions directly align with our long-term strategy to expand into high-value markets with strong macro tailwinds," said Saagar Govil, Chairman and CEO. "We belie
Hauppauge, NY, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX, CETXP)), a multi-industry technology company focused on security and industrial services, today announced its financial results for the third quarter and nine months ended June 30, 2025, showing substantial improvement in revenue, margins, and profitability compared to the prior year. "Through the first nine months of fiscal 2025, Cemtrex is a stronger, more profitable, and more efficient business than it was a year ago," said Saagar Govil, Chairman and CEO. "We've grown sales nearly 20 percent, expanded gross margins by three points, and delivered a $6.6 million year-over-year swing to positive operating income.
Hauppauge, NY, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX), a technology company driving innovation in intelligent security and industrial services, today announced a series of notable new contract awards totaling approximately $1.3 million over the past week across its Vicon Industries (Vicon) and Advanced Industrial Services (AIS) businesses. These awards, part of a larger stream of recent wins, reflect Cemtrex's position in markets tied to major national priorities, including infrastructure modernization, border security, and correctional facility upgrades. AIS:AIS secured a $466,000 project to replace the chiller system at Wrightsville Elementary School for the Easte
Hauppauge, NY, Aug. 01, 2025 (GLOBE NEWSWIRE) -- – Cemtrex Inc. (NASDAQ:CETX), a technology company focused on intelligent security and industrial services, today issued a shareholder update from Chairman and CEO Saagar Govil outlining the Company's progress across its core divisions and strategic roadmap for long-term growth: To our shareholders, Cemtrex today is stronger, sharper, and more focused than at any point in the last several years. We've been building deliberately investing in the right products, winning critical contracts, and executing a strategy that positions us to lead where the world is heading. Vicon: Momentum, Execution, and the Launch of NEXT Vicon, our intelligen
Hauppauge, NY, July 31, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX), a technology company focused on intelligent security systems and industrial services, today announced it has acquired approximately $1 million worth of Solana (SOL) as part of a new digital asset treasury strategy, with the goal of expanding its crypto reserves to $10 million over time. "Solana is the most underappreciated layer-one blockchain in the world today," said Saagar Govil, Chairman and CEO of Cemtrex. "It's already processing more real-world transactions than every other blockchain combined, and it's not even close. With a hard-coded supply curve and no reliance on fragmented scaling solutions, we beli
Hauppauge, NY, July 29, 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 is developing a new framework to integrate blockchain technology into its video surveillance platforms. The initiative is focused on solving a growing threat in public safety and criminal justice: the manipulation and falsification of video evidence using generative AI. "AI is enabling a world where visual evidence can be fabricated or altered with near-perfect realism," said Saagar Govil, Chairman and CEO of Cemtrex. "We're entering a new paradigm where a deepfake video can add or remove
Hauppauge, NY, July 10, 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 received a purchase order exceeding $500,000 for its NEXT Modular Sensor System from a major school district in Kentucky. The win represents a key validation milestone for Vicon's NEXT platform, which began shipping in limited quantities last quarter and is now ramping in Cemtrex's fiscal fourth quarter. "This win reflects exactly why we built NEXT," said Saagar Govil, Cemtrex CEO. "Our partners are competing, and winning, because of how quickly it installs, how flexibly it deploy
Hauppauge, NY, July 08, 2025 (GLOBE NEWSWIRE) -- Vicon Industries, a subsidiary of Cemtrex Inc. (NASDAQ:CETX, CETXP)) and a leading provider of advanced security and surveillance solutions, today announced that it has secured a follow-on order exceeding $1.2 million to support a major Midwestern county government security upgrade project. The order was placed through a long-standing global systems integration partner. The scope of the project includes Vicon's high-performance cameras, recording servers, and Valerus video management software licenses, all deployed to enhance security across multiple county facilities. This order builds on previous deployments and reflects continued custom
Hauppauge, NY, June 26, 2025 (GLOBE NEWSWIRE) -- Vicon Industries, a subsidiary of Cemtrex Inc. (NASDAQ:CETX, CETXP)) and a leading provider of advanced security and surveillance solutions, today announced that its next-generation surveillance solution, the NEXT Modular Sensor System, has received multiple industry awards, signaling early traction and strong reception from the security industry. Launched earlier this year, NEXT is gaining recognition for its combination of modularity, rapid installation, and AI-powered deterrence, unique features designed to meet the evolving demands of modern security buyers. Most recently, the product was honored at the Electronic Security Expo (ESX) w
Hauppauge, NY, June 12, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX), a diversified industrial and technology company, today announced a renewed focus on accelerating operating income growth through targeted acquisitions, following a breakout first half of fiscal 2025. Cemtrex reported over $2.3 million in operating income for the first six months of the year, a major shift from the prior year and a clear signal that the Company's core businesses, particularly Vicon Security, are now generating sustainable profitability. First-half revenue grew to $41 million, up more than 20% year-over-year, driven by strong execution and continued demand across its industrial and security platfo
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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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Hauppauge, NY, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX, CETXP)), a multi-industry technology company focused on security and industrial services, today announced its financial results for the third quarter and nine months ended June 30, 2025, showing substantial improvement in revenue, margins, and profitability compared to the prior year. "Through the first nine months of fiscal 2025, Cemtrex is a stronger, more profitable, and more efficient business than it was a year ago," said Saagar Govil, Chairman and CEO. "We've grown sales nearly 20 percent, expanded gross margins by three points, and delivered a $6.6 million year-over-year swing to positive operating income.
Hauppauge, NY, July 31, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ:CETX), a technology company focused on intelligent security systems and industrial services, today announced it has acquired approximately $1 million worth of Solana (SOL) as part of a new digital asset treasury strategy, with the goal of expanding its crypto reserves to $10 million over time. "Solana is the most underappreciated layer-one blockchain in the world today," said Saagar Govil, Chairman and CEO of Cemtrex. "It's already processing more real-world transactions than every other blockchain combined, and it's not even close. With a hard-coded supply curve and no reliance on fragmented scaling solutions, we beli
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