Cemtrex (CETX) Q1 Sales Miss Views

Short sale target Cemtrex (NASDAQ: CETX) reported Q1 revenue for the quarter came in at $29.4 million versus the consensus estimate of $30 million.

Cemtrex’s Chairman and CEO, Saagar Govil, commented on the Company’s outlook, “We are extremely confident about the long term prospects for our Company. This is reflected in management’s ownership of Cemtrex shares. We are proud of what the Company has accomplished in the past twelve months and look forward to continued growth going forward as we execute our strategy, bolstered by the funding from our recent capital raise.”

For earnings history and earnings-related data on Cemtrex (CETX) click here.

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