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AMC Global Media (AMCX) said on Tuesday it appointed Hozefa Lokhandwala as chief financial officer, effective immediately. Lokhandwala joins the company after serving as an independent director at MSG...
06-17 04:15
AMC Global Media Inc. announced the appointment of Hozefa Lokhandwala as Chief Financial Officer, effective June 16, 2026. Lokhandwala brings over two decades of financial leadership experience across media, corporate strategy, and investment banking. He will report to CEO Kristin Dolan and is based in New York. Lokhandwala succeeds Patrick O’Connell, who stepped down in March. The company is currently experiencing strong financial performance, i...
06-16 20:05
The order was placed through a long-standing international fire and security integration partner. The scope of the order includes Vicon's Valerus recording servers, client workstations, enterprise video management
05-19 20:32
Cemtrex reported Q2 2026 results with Industrial Services revenue up 7% to $11.0M, Security gross margin improving 500bps to 44%, and Aerospace & Defense launching with $1.2M revenue. Stockholders' equity rose to $34.7M, working capital to $12.6M. Acquisitions of Invocon and Richland Industries completed, with another Industrial Services deal under LOI. Management highlights restructuring progress, cost savings, and expected future growth across ...
05-15 20:15
Cemtrex subsidiary AIS awarded a $3.9 million contract for Berks County Steam Plant Decentralization Project in Pennsylvania. The project involves modernizing and decentralizing mechanical infrastructure across County facilities, including Jail and Youth Detention facilities, with substantial completion expected by October 2026 and full completion by December 2026. AIS will handle design, installation, testing, and commissioning of Division 23 HV...
01-21 14:25
Cemtrex, Inc. (NASDAQ: CETX) has entered into a definitive agreement to sell approximately 1,469,507 shares and/or pre-funded warrants to a single institutional investor at $2.722 per share, expected to raise $4 million. The transaction is scheduled to close on January 9, 2025, and proceeds will be used for general corporate purposes, including working capital and potential acquisitions. The offering is being made under an effective shelf registr...
01-09 16:23
Cemtrex, Inc. reported a return to operating profit for its fiscal year 2025, achieving $76.5 million in revenue, a 14% increase from $66.9 million in FY 2024. Both the Security and Industrial Services segments contributed to growth, with the Security segment up 20% and Industrial Services up 9%. Operating income improved by $5.8 million, moving from a loss to a profit. Cemtrex also reduced debt by $7.8 million and improved liquidity by $9 millio...
2025-12-29 21:10
Cemtrex, Inc. has entered into a definitive agreement to sell approximately 800,000 shares and/or pre-funded warrants to a single institutional investor at $2.50 per share, expecting gross proceeds of $2 million. The transaction is set to close on Dec. 23, 2025, subject to customary closing conditions. The company plans to use the net proceeds for general corporate purposes, including working capital and potential acquisitions. The offering is ma...
2025-12-23 12:35
Cemtrex, Inc. (NASDAQ: CETX) has agreed to sell approximately 666,667 shares to an institutional investor at $3 per share, raising $2 million. The transaction is expected to close on Dec 11, 2025, with proceeds用于 general corporate purposes and potential acquisitions. The offering is pursuant to an effective shelf registration on Form S-3 (No. 333-283995), with a prospectus supplement and accompanying prospectus available on the SEC’s website. Int...
2025-12-11 14:15