Cemtrex EMS Segment Receives $6M in New Orders, Backlog at $50M
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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US:NASDAQ Investor Relations:
cemtrex.com/investor-relations
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Source: GlobeNewswire
Long Island City, NY, June 27, 2019 (GLOBE NEWSWIRE) -- – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that the company received approximately $6M new orders in its Electronics Manufacturing Services (EMS) Segment over the last few months and its backlog remains strong at $50M. The Company’s recent orders were driven primarily by customers in medical devices, automotive technology, automation, and measurement devices. The orders came from both new customers and existing customers such as ERBE, ABB, and Heinzmann. Cemtrex’s EMS segment achieved approximately $44M in revenues in CY 2018. Cemtrex’s Chairman and CEO, Saagar Govil, commented, “Cemtrex’s EMS segment continues to win new business from both new and existing clients. Our backlog gives us continued confidence as we have already locked in enough orders to see growth in our year over year sales over the next twelve months.” About Cemtrex Cemtrex, Inc. (CET
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- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
CETX
Sec Filings
- 11/14/24 - Form SC
- 10/28/24 - Form DEF
- 10/28/24 - Form 8-K
- CETX's page on the SEC website