$CETX Cemtrex EMS Segment Receives $7M In New Orde
Post# of 103012
March 12, 2019 (Benzinga)
Cemtrex Inc. (NASDAQ:CETX, CETXP, CETXW)), a world leading technology and manufacturing company, announced today that the company received $7M in new orders in its Electronics Manufacturing Services (EMS) Segment Cemtrex Inc. (NASDAQ:CETX, CETXP, CETXW)), a world leading technology and manufacturing company, announced today that the company received $7M in new orders in its Electronics Manufacturing Services (EMS) Segment in January and its backlog remains over $50M.
The Company’s recent orders were driven primarily by customers in wearable smart devices, medical devices, automotive technology, automation, and measurement devices. The orders came from both new customers and existing customers such as ERBE, ABB, and Heinzmann. Cemtrex’s EMS segment achieved approximately $44M in revenues in CY 2018.
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