ADVISORY, June 24, 2015 (GLOBE NEWSWIRE) --
Cemtrex Inc. (Nasdaq:CETX), a diversified industrial and manufacturing technology company, announced today that its common shares will commence trading on the Nasdaq Capital Markets. The company’s common stock will begin trading under a new symbol “CETX” on Thursday, June 25th, 2015.
In honor of the occasion, the company’s management will visit the Nasdaq MarketSite in Times Square and Saagar Govil, Chief Executive Officer will ring the Closing Bell.
Cemtrex has demonstrated tremendous growth in recent years reaching over $47 million in revenue and $.39 earnings per share up from approximately $13 million in revenue and $.04 earnings per share in its fiscal 2014 and 2013 respectively. The company has managed to thrive in these uncertain times by focusing on growth markets like emerging economies in Asia, broadening its product portfolio, and honing in on innovative industries like medical devices and wearables. In fiscal 2015, the company has seen sustained growth topping previous year sales for the last two quarters. With strong end market demand, environmental regulations increasing, and the company’s commitment to remaining competitive, Cemtrex is aiming for continued compelling growth.
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Thursday, June 25, 2015 – 3:45 p.m. to 4:00 p.m. ET
Cemtrex Inc. Media Contact:
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About Cemtrex Inc. (Nasdaq:CETX):
Cemtrex. Inc. (Nasdaq:CETX) is a diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges. Cemtrex provides electronic manufacturing services of custom engineered printed circuit board assemblies, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities. www.cemtrex.com
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
Source:The NASDAQ OMX Group, Inc.