Cemtrex First Quarter 2024 Earnings: US$1.16 loss per share (vs US$3.99 loss in 1Q 2023)

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Cemtrex (NASDAQ:CETX) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$16.9m (up 41% from 1Q 2023).

  • Net loss: US$1.22m (loss narrowed by 60% from 1Q 2023).

  • US$1.16 loss per share (improved from US$3.99 loss in 1Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cemtrex's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Cemtrex has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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