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Cemtrex Inc (CETX.OQ)

CETX.OQ on NASDAQ Stock Exchange Capital Market

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15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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 reports Q1 earnings per share $0.14
Thursday, 9 Feb 2017 

Cemtrex Inc - : Cemtrex, Inc (CETX) fy 2017 q1 net income up 103 pct, EBITDA up 138 pct and EPS increasing 56 pct . Q1 earnings per share $0.14 .Q1 sales rose 121 percent to $29.4 million.  Full Article

Cemtrex posts quarterly earnings of $0.17 per share
Thursday, 11 Aug 2016 

Cemtrex Inc : Quarterly sales $24.71 million . Sees FY 2016 revenue $100 million . Cemtrex does it again, increases revenue and profits on the back of acquisitions and global gains . Quarterly earnings per share $0.17 Further company coverage: [CETX.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Cemtrex says board has approved a new share repurchase authorization
Wednesday, 27 Jul 2016 

Cemtrex Inc :Says board has approved a new share repurchase authorization, under which Cemtrex may repurchase up to one million outstanding shares.  Full Article

Cemtrex updates on total sales for next 12 months
Wednesday, 27 Jul 2016 

Cemtrex Inc :Set to deliver over $100 million in total sales over next 12 months.  Full Article

Cemtrex announces 1 mln share repurchase authorization
Wednesday, 22 Jun 2016 

Cemtrex Inc : Company may repurchase up to one million of its outstanding shares over next twelve months .Cemtrex announces share repurchase authorization.  Full Article

Cemtrex to buy manufacturer specializing in automotive technologies
Friday, 27 May 2016 

Cemtrex Inc : Target company's projected annual revenues for next twelve months is expected around EUR 30 million . Transaction is expected to close on May 31, 2016 .Cemtrex to acquire electronics manufacturer specializing in automotive technologies.  Full Article

Cemtrex withdraws form S-3 registration statement
Friday, 20 May 2016 

Cemtrex Inc : Cemtrex withdraws form s-3 registration statement, maintains plan to pursue traditional financing in near future . Withdrawn form s-3 registration statement filed with sec on april 12, after determining it was unlikely co would meet eligibility requirements . Registration statement did not become effective and no securities under registration statement have been sold . Says roughly $3.3 million of cash on its balance sheet as of march 31, 2016 . Still exploring traditional debt & equity financings to raise funds for planned acquisitions and to strengthen company's balance sheet .Identified several acquisition opportunities that would be "synergistic and accretive" to existing business.  Full Article

BRIEF-Cemtrex Says Plans To Release Its Smart Desk IoT Product In May Of 2018

* CEMTREX - PLANS TO RELEASE ITS SMART DESK IOT PRODUCT IN MAY OF 2018 Source text for Eikon: Further company coverage: