CETX Stock Falls Post Q1 Earnings Decline on Security Segment Weakness
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Cemtrex (CETX) reported a wider net loss in Q1 fiscal 2025, primarily due to a significant decline in revenue from its security segment, despite growth in its industrial services.
February 19, 2025 | 4:30 pm
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Cemtrex's Q1 fiscal 2025 results show a wider net loss, mainly due to a significant decline in its security segment revenue, overshadowing growth in industrial services.
The decline in the security segment revenue is a critical factor leading to a wider net loss for Cemtrex, which is likely to negatively impact investor sentiment and the stock price in the short term.
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