By Kelly Cloonan
Shares of Cemtrex rose after the company posted higher revenue in its latest fiscal year, driven by growth in both its segments.
The stock climbed 33% to $2.81 in after-hours trading on Monday. Through market close, shares are down 95% this year.
The technology company posted a loss of $28.3 million for the year ended Sept. 30, compared with a loss of $7.6 million a year earlier.
Revenue rose to $76.5 million from $66.9 million the year prior.
In the company's security segment, revenue climbed 20%, boosted by enterprise and government customers. Industrial services revenue similarly rose, up 9%, due to sustained demand across manufacturing, infrastructure and industrial end markets.
The results mark a return to positive operating profit, Chief Executive Saagar Govil. The company expects further improvement in its core operating performance going forward, given certain expenses included in the recent results are not expected to recur, Govil said.
"With the core business now profitable, our focus shifts to scaling operating leverage," Govil said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
December 29, 2025 17:56 ET (22:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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