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Cemtrex Inc - CETXW STOCK NEWS

Welcome to our dedicated page for Cemtrex news (Ticker: CETXW), a resource for investors and traders seeking the latest updates and insights on Cemtrex stock.

Cemtrex Inc. (CETXW) delivers innovative security surveillance and industrial technology solutions through its Vicon Industries subsidiary and specialized service divisions. This centralized news hub provides investors and industry professionals with essential updates about the company's strategic developments.

Access real-time announcements including quarterly financial results, product innovation updates, strategic partnerships, and operational milestones. Our curated collection ensures transparent tracking of Cemtrex's advancements in AI-powered video analytics and industrial project execution.

Key updates cover new contract awards in critical infrastructure security, enhancements to integrated surveillance platforms, and expansions of industrial service capabilities. Bookmark this page for streamlined monitoring of corporate announcements that impact market positioning and technological leadership.

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Vicon Industries, a subsidiary of Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), and Omnilert have announced the integration of Valerus VMS with Omnilert's AI visual gun detection system. This integration allows Valerus users to instantly trigger an alarm when a firearm is detected in live video feeds, enabling a series of pre-planned responses to be initiated. The Omnilert Gun Detect AI software leverages Vicon cameras to create an early gun detection solution, providing advance warning and potentially saving lives.
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Cemtrex Inc. (NASDAQ: CETX, CETXP) to Discuss Q4 and Full Fiscal Year Results in Conference Call
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Cemtrex Inc. launches new cloud security platform, Anavio, designed for schools to deliver safer campuses.
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Cemtrex Inc. receives a $1.0 million order for a project through its subsidiary, Advanced Industrial Services, following the acquisition of Heisey Mechanical. The contract extends into 2024 and includes various improvements. AIS plans to utilize internal employees for more portions of the project. The acquisition enables AIS to expand into new markets and increase revenue growth in the water treatment industry.
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Cemtrex to participate in LD Micro Main Event XVI Conference on October 3-4, 2023
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Cemtrex Inc. receives $1.5 million order for security technology upgrade in a correctional facility
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Cemtrex announces share repurchase program for Series 1 Preferred stock, aiming to repurchase up to 2,300,000 shares from September 1, 2023, to August 31, 2026.
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Cemtrex Inc. reports Q3'23 revenue of $14.7M, a 22% increase YoY. Gross margin improves to 44% and operating income reaches $0.1M, marking the second consecutive quarter of positive operating income. The company closed the acquisition of Heisey Mechanical Ltd., adding $11M in revenue and expanding capabilities. Cash and cash equivalents as of June 30, 2023, were $6.4M.
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Cemtrex Inc. has closed the acquisition of Heisey Mechanical Ltd., a leading service contractor and steel fabricator specializing in industrial and water treatment markets. The acquisition adds approximately $11 million in revenue and positive cash flow. It expands Cemtrex's capabilities and customers into new markets. The transaction is accretive in the fourth quarter of fiscal year 2023.
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