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Cemtrex Inc (CETX.OQ)

CETX.OQ on NASDAQ Stock Exchange Capital Market

1.83USD
26 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Cemtrex Announces Final Court Approval Of The Settlements In The Securities Class Action & Shareholder Derivative Lawsuits
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Cemtrex Inc ::CEMTREX ANNOUNCES FINAL COURT APPROVAL OF THE SETTLEMENTS IN THE SECURITIES CLASS ACTION & SHAREHOLDER DERIVATIVE LAWSUITS.CEMTREX INC - APPROVED PREVIOUSLY ANNOUNCED SETTLEMENTS IN ALLEGED SECURITIES CLASS ACTION LAWSUIT AND RELATED SHAREHOLDER DERIVATIVE LITIGATIONS.CEMTREX INC - COMPANY'S INSURER WILL PAY $625,000 TO CLASS OF PLAINTIFFS TO RESOLVE ALL CLAIMS.  Full Article

Cemtrex Reports Q1 Revenue Of $17.28 Million
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Cemtrex Inc ::CEMTREX, INC. (CETX) ANNOUNCES RESULTS FOR FIRST QUARTER ENDED DEC 31, 2018.Q1 REVENUE $17.28 MILLION.TOTAL REVENUE FOR THREE MONTHS ENDED DECEMBER 31, 2018 AND 2017 WAS $17.3 MILLION AND $32.4 MILLION RESPECTIVELY.EXPECTS SALES OF NEW PRODUCT, SMARTDESK, TO INCREASE IN SUBSEQUENT QUARTERS.NET INCOME FOR THREE MONTHS ENDED DECEMBER 31, 2018 AND 2017 WAS A LOSS OF $2.2 MILLION AND INCOME OF $731,991, RESPECTIVELY.  Full Article

Cemtrex Says Public Offering Of 1 Mln Common Shares Priced At $1.65 Per Share
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Cemtrex Inc ::CEMTREX ANNOUNCES PRICING OF ITS PUBLIC OFFERING OF COMMON STOCK.SAYS PUBLIC OFFERING OF 1.00 MILLION COMMON SHARES PRICED AT $1.65PER SHARE.  Full Article

Vicon Industries Inc - Cemtrex Purchased Approximately 46% Of Vicon's Outstanding Common Stock From Nil Funding Corporation
Tuesday, 27 Mar 2018 

Cemtrex Inc ::VICON INDUSTRIES INC - CEMTREX PURCHASED APPROXIMATELY 46% OF VICON'S OUTSTANDING COMMON STOCK FROM NIL FUNDING CORPORATION.VICON INDUSTRIES INC - SAAGAR GOVIL, CEMTREX'S CEO, WAS APPOINTED TO SERVE AS VICON'S CHIEF EXECUTIVE OFFICER AND CHAIRMAN.VICON INDUSTRIES INC - ARON GOVIL, A DIRECTOR OF CEMTREX AND ITS PRINCIPAL SHAREHOLDER, WAS APPOINTED TO VICON'S BOARD.VICON INDUSTRIES INC - JULIAN A. TIEDEMANN RESIGNED FROM VICON'S BOARD OF DIRECTORS.VICON INDUSTRIES INC - JOHN M. BADKE, VICON'S FORMER CHIEF EXECUTIVE OFFICER, WAS APPOINTED TO SERVE AS ITS CHIEF OPERATING OFFICER.VICON INDUSTRIES INC - BADKE CONTINUES TO SERVE AS VICON'S CHIEF FINANCIAL OFFICER.  Full Article

Cemtrex Q1 Earnings Per Share $0.07
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Cemtrex Inc ::CEMTREX INC REPORTS FINANCIAL RESULTS FOR THE 2018 FISCAL FIRST QUARTER.Q1 EARNINGS PER SHARE $0.07.Q1 REVENUE ROSE 10 PERCENT TO $32.4 MILLION.  Full Article

Cemtrex Says Plans To Release Its Smart Desk IoT Product In May Of 2018
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Cemtrex Inc ::CEMTREX PROVIDES UPDATE ON THE LAUNCH DATE OF SMART DESK.CEMTREX - PLANS TO RELEASE ITS SMART DESK IOT PRODUCT IN MAY OF 2018.  Full Article

Cemtrex signs letter of intent to acquire virtual reality software studio
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Cemtrex Inc ::Signs letter of intent to acquire virtual reality software studio.Due to confidentiality agreement in place, company will provide details about acquired company after closing transaction​.Has signed a letter of intent to acquire a virtual reality software development studio headquartered in New York City​.Terms of deal have not been announced​.  Full Article

Cemtrex announces revised exchange offer for Key Tronic Corp valued at $11 per share
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Cemtrex Inc :Cemtrex announces revised exchange offer for Key Tronic Corp valued at $11 per share.Cemtrex Inc - announced ‍revised exchange offer valued at $11 per share to acquire Key Tronic Corporation​.  Full Article

Cemtrex announces exchange offer to acquire Key Tronic Corp
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - Cemtrex Inc :Cemtrex announces exchange offer to acquire Key Tronic Corp.Cemtrex-Exchange offer to acquire Key Tronic by offering to exchange each outstanding share of Key Tronic for 1 share of co's common stock.Cemtrex Inc - purpose of offer is for Cemtrex to acquire control of, and ultimately entire interest in, Key Tronic.  Full Article

Cemtrex announces exchange offer to acquire Key Tronic
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - Cemtrex Inc :Cemtrex announces exchange offer to acquire Key Tronic Corp..Cemtrex Inc - ‍exchange offer is first step in Cemtrex's plan to acquire all of outstanding shares of Key Tronic​.Cemtrex Inc -‍estimates there would be about $5 million to $7 million annual increased profit for Key Tronic if it was operated by Cemtrex management as unit.  Full Article