Overview
Industrial and tech firm's fiscal Q1 revenue grew 17% yr/yr
Company reported operating loss
Outlook
Cemtrex expects cost actions in Security to improve performance over coming quarters
Company anticipates earnings contributions from acquisitions starting in second fiscal quarter
Cemtrex aims to restore segment margins and expand operating income in fiscal 2026
Result Drivers
INDUSTRIAL SEGMENT GROWTH - Revenue in the Industrial segment rose 28% to $10.6 mln, driven by operational discipline and increased demand for services
SECURITY SEGMENT CHALLENGES - Security segment faced margin compression due to tariff costs and lower government demand, leading to pricing adjustments and overhead cuts
FINANCIAL FLEXIBILITY - Cemtrex improved financial flexibility through equity raises and debt settlements, enhancing working capital and capital structure
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | $16.1 mln | ||
Q1 Operating Income | -$2.8 mln |
Press Release: ID:nGNX2DrbPz
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)