Cemtrex (CETX) Reports Q2 EPS of $0.04

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Cemtrex Reports Fiscal Year 2017 Second Quarter Results

May 11, 2017 8:35 AM EDT

Farmingdale, NY, May 11, 2017 (GLOBE NEWSWIRE) -- Cemtrex (Nasdaq: CETX, CETXP, CETXW), a world leading industrial and manufacturing leader, today reported its financial results for the three-month and six-month periods ended March 31, 2017.

 We reported a 61% increase in total revenue to $30.5 million for the second quarter of fiscal year 2017. This growth was driven organically and through the acquisitions we completed within the last year.  There are significant opportunities for us to continue to grow in fiscal 2017 and beyond as we make additional strategic investments in our existing businesses and look to complete synergistic acquisitions, stated Saagar Govil, Chairman and CEO of... More