Cemtrex (NASDAQ: CETX, CETXP, CETXW), a world leading industrial and manufacturing solutions company, announced today its consolidated results of operations for the twelve months ended September 30th, 2017.
Fiscal Year 2017 Highlights:
Revenue increased by 29% to $120,628,200 for the twelve months ended in September 30, 2017 compared to $93,704,560 for the same period in 2016.
Comprehensive Income to Common shareholders was even at $4,029,699 for fiscal year ended September 30, 2017 as compared to $4,019,898 for fiscal year ended September 30, 2016.
Earnings Per Share for 2017 was $.31 compared to $.58 for 2016, a decrease of 32%. The Company paid Preferred stock dividend of $1,200,871 during fiscal year ended September 30, 2017 as compared to $0.00 for fiscal year ended September 30, 2016. The Company had 10,175,736 common shares outstanding at the end of fiscal 2017 as compared to 8,514,772 shares outstanding at the end of fiscal 2016 on a diluted basis.
EBITDA was down 5.3% to $8,571,125 in the twelve month period ended September 30, 2017 compared to EBITDA of $9,053,839 in the same period in 2016.
Fiscal Year 2017 Highlights:
Revenue increased by 29% to $120,628,200 for the twelve months ended in September 30, 2017 compared to $93,704,560 for the same period in 2016.
Comprehensive Income to Common shareholders was even at $4,029,699 for fiscal year ended September 30, 2017 as compared to $4,019,898 for fiscal year ended September 30, 2016.
Earnings Per Share for 2017 was $.31 compared to $.58 for 2016, a decrease of 32%. The Company paid Preferred stock dividend of $1,200,871 during fiscal year ended September 30, 2017 as compared to $0.00 for fiscal year ended September 30, 2016. The Company had 10,175,736 common shares outstanding at the end of fiscal 2017 as compared to 8,514,772 shares outstanding at the end of fiscal 2016 on a diluted basis.
EBITDA was down 5.3% to $8,571,125 in the twelve month period ended September 30, 2017 compared to EBITDA of $9,053,839 in the same period in 2016.
