Moving Image Technologies

Moving iMage Technologies, Inc. provides custom engineering, systems design, integration, installation, digital technology solutions and products for cinemas. It offers projection, 3D cinema pedestals, cinema sound, automation power and energy efficiency, support for 3D and booth less products. The firm provides NOC and consulting services. The company was founded by Joe Delgado, Bevan Wright, Jerry van de Rydt, David Richards, Glenn H. Sherman, Phil Rafnson and Thomas Lipiec in September 2003 and is headquartered in Fountain Valley, CA.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Moving Image Technologies reports revenue growth amidst industry disruptions

Moving Image Technologies (MITQ) navigated challenges in Q3 2024, reporting revenue growth amidst industry disruptions. The company's strategic focus on higher-margin products and expansion into new entertainment segments reflects a commitment to long-term success despite short-term setbacks.

Moving Image Technologies (MITQ) reports revenue growth and strategic initiatives

Moving Image Technologies (MITQ) navigated industry challenges in Q4 2024, reporting revenue growth and strategic cost reductions. The company's proactive approach to stock repurchases and new product development reflects a commitment to future growth. MITQ remains optimistic about its long-term prospects, focusing on opportunities in tech upgrades, strategic investments, and diversification in the cinema industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Moving iMage Technologies, Inc. engages in the design, integration, installation, and distribution of proprietary and custom designed equipment, as well as off the shelf cinema products. It also offers single source solutions for cinema design, procurement, installation, and service to creative and production communities. It also provides custom engineering, systems design, integration, installation, digital technology solutions and products for software enhancement and theatre management. It provides turnkey furniture, fixture and equipment services, procurement of seats, lighting, acoustical treatments, screens, projection, and sound. The company was founded by Joe Delgado, Bevan Wright, Jerry van de Rydt, David Richards, Glenn H. Sherman, Phil Rafnson, and Thomas Lipiec in September 2003 and is headquartered in Fountain Valley, CA.

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies, Inc. (NYSE AMERICAN: MITQ), (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced results for its first quarter ended September 30, 2023. “We started the new fiscal year on a strong note with double-digit growth in revenue, gross margin expansion and profits,” said Phil Rafnson, chairman and chief executive officer, MiT. “We've been.

Moving iMage Technologies Announces First Quarter Fiscal 2024 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--The date in the headline, first and second paragraphs, and the Dial-in and Webcast Information section should be November 14 (instead of November 13) and the date in the Telephone Replay section should be November 28 (instead of November 27) for the release dated Nov. 6, 2023. The updated release reads: MOVING IMAGE TECHNOLOGIES TO REPORT FIRST QUARTER 2024 RESULTS ON NOVEMBER 14, 2023 Moving iMage Technologies (NYSE American: MITQ) will report financia.

CORRECTING and REPLACING Moving iMage Technologies to Report First Quarter 2024 Results on November 14, 2023

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) (MiT) announced today that it will be presenting at the Sidoti MicroCap Conference on November 15, at 3:15 p.m. E.T. Investors can request 1:1 meetings through the Sidoti Portal. We invite interested parties to register to watch the presentation virtually here: https://sidoti.zoom.us/webinar/register/WN_r5s8r5CpSHGCjHOe92jUTw About Moving iMage Technologies MOVING iMAGE TECHNOLOGIES (NYSE American: MITQ) i.

Moving iMage Technologies to Present and Conduct 1:1 Meetings at The Sidoti Virtual MicroCap Conference on November 15 and 16th

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, announced the Company's new customer, Golden Ticket Cinemas (GTC) selected LEA Professional power amplifiers for its new immersive auditoriums in Greenville, NC and Greensboro, NC. “Golden Ticket Cinemas entered a growth phase as part of its post-pandemic strategy, turning to.

Moving iMage Technologies Announces Golden Ticket Cinemas Selects LEA Amplifiers for its Immersive Auditoriums

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its first quarter fiscal 2023 ended November 13, 2023. at 12:00 p.m. Eastern Time. On Monday, November 13, 2023, the earnings release will be posted at roughly 7:00 a.m. Eastern Time and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webcast Information Date/Time: Monday, November 13, 2023,.

Moving iMage Technologies to Report First Quarter 2024 Results on November 13, 2023

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced that the Alamo Drafthouse South Lamar in Austin, Texas fully equipped its 10-screen cinema with LEA Professional smart power amplifiers during its recent remodel. This was the first implementation of LEA Professional smart power amplifiers by MiT. “The high ef.

Moving iMage Technologies Announces Completion of First Full Cinema Complex Equipped with LEA Professional Smart Power Amplifiers

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it has entered into a 10b5-1 stock trading plan to facilitate the Company's previously re-authorized one-year, $1 million share repurchase program announced on March 23, 2023. All repurchases will be implemented in accordance with the applicable requirements o.

Moving iMage Technologies (MiT) Announces 10b5-1 Stock Trading Plan

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q4 2023 Earnings Conference Call September 26, 2023 10:00 AM ET Company Participants Brian Siegel - Senior Managing Director Phil Rafnson - Chairman and CEO Joe Delgado - Co-Founder and EVP, Sales & Marketing Conference Call Participants Operator Greetings. Welcome to Moving iMage Technologies' Fourth Quarter and Year End Fiscal 2023 Earnings Call.

Moving iMage Technologies, Inc. (MITQ) Q4 2023 Earnings Call Transcript

Presentation on Tuesday, October 3rd at 02:30 PM PT Fountain Valley, California--(Newsfile Corp. - September 26, 2023) - Moving iMage Technologies (NYSE: MITQ), Moving iMage Technologies, Inc. (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out of home entertainment venues, announced today that it will be presenting at the 16th annual Main Event on Tuesday, October 3rd at 02:30 PM PT at the Luxe Sunset Boulevard Hotel. Joe Delgado, Executive Vice President and Brian Siegel, Senior Managing Director, will be giving the presentation.

Moving iMage Technologies Announces Participation in the LD Micro Main Event XVI

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies, Inc. (NYSE AMERICAN: MITQ), (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced results for its fourth quarter and full-year ended June 30, 2023. “We completed a solid year with double-digit revenue growth, higher gross margin and reduced non-GAAP losses,” said Phil Rafnson, chairman and chief executive officer. “Fiscal 2023 was a.

Moving iMage Technologies Announces Fourth Quarter and Full-Year Fiscal 2023 Results

Actelis Networks Inc

Inseego

T-Mobile US

Vislink Technologies Inc

Vodafone Group

Verizon

While the stock market has been pretty solid in 2023, it's been a mixed bag for telecom stocks. Some of the major exchange-traded funds that track telecom stocks are even in the red, so you know there are plenty of telecom stocks to sell.

It's Time to Kick These 7 Terrible Telecom Stocks to the Curb

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its fourth quarter and full year fiscal 2023 ended June 30, 2023. at 10:00 a.m. Eastern Time. On Tuesday, September 26, 2023, the earnings release will be posted at roughly 7:00 a.m. Eastern Time and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webcast Information Date/Time: Tuesday, Sept.

Moving iMage Technologies to Report Fourth Quarter and Full Year Fiscal 2023 Results on September 26, 2023

Presentation on Tuesday, June 6 at 12:00 PM PT Fountain Valley, California--(Newsfile Corp. - May 30, 2023) - Moving iMage Technologies (NYSE American: MITQ) (MiT) announced today that it will be presenting at the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel in Los Angeles, California from June 6th-8th, 2023. The event is expected to feature 150+ companies, presenting in half-hour increments, as well as private 1:1 meetings.

Moving iMage Technologies to Present at LD Micro Invitational XIII

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q3 2023 Earnings Conference Call May 15, 2023 12:00 PM ET Company Participants Brian Siegel - Hayden IR Phil Rafnson - Chairman and CEO Joe Delgado - Co-Founder and EVP, Sales & Marketing Conference Call Participants Operator Greetings, and welcome to Moving iMage Technologies' Third Quarter Fiscal 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Moving iMage Technologies, Inc. (MITQ) Q3 2023 Earnings Call Transcript

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--In the Earnings Conference Call and Webcast Information section, the first sentence should read "Management will host a conference call and audio webcast to review the Company's results and forward expectations at 12:00 p.m Eastern Time." (Instead of "Management will host a conference call and audio webcast to review the Company's results and forward expectations at 11:00 a.m Eastern Time.") The updated release reads: MOVING IMAGE TECHNOLOGIES ANNOUNCES.

CORRECTING and REPLACING Moving iMage Technologies Announces Third Quarter Fiscal 2023 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies, Inc. (NYSE AMERICAN: MITQ), (“MiT”), a leading digital cinema technology company, today announced results for its third fiscal quarter ended March 31, 2023. “Our results were impacted by project timing, with one large project and portions of a few smaller ones pushing out into next fiscal year,” said Phil Rafnson, chairman and chief executive officer. “I want to stress that this is a normal part of our business today and does.

Moving iMage Technologies Announces Third Quarter Fiscal 2023 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Webcast link has been changed in Dial-in and Webcast Information paragraph of release dated May 8, 2023: https://viavid.webcasts.com/starthere.jsp?ei=1614935&tp_key=5546af7cab The updated release reads: MOVING IMAGE TECHNOLOGIES AND SNDBX TO HOST CALL FOR INVESTORS ON MAY 11, 2023, TO DISCUSS ESPORTS PARTNERSHIP AND MARKET OPPORTUNITY Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, and SNDBX, a division.

CORRECTING and REPLACING Moving iMage Technologies and SNDBX to Host Call for Investors on May 11, 2023, to Discuss ESports Partnership and Market Opportunity

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its third quarter fiscal 2023 ended March 31, 2022 at 12:00 p.m. Eastern Time. On Monday, May 15, 2023, the earnings release will be posted at roughly 7:00 a.m. Eastern Time and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webcast Information Date/Time: Monday, May 15, 2023, 12:00 p.m. ET.

Moving iMage Technologies to Report Third Quarter Fiscal 2023 Results on May 15, 2023

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, and SNDBX, a division of The Five Agency, LLC and an emerging developer and operator of amateur ESports leagues played locally on the big screen, today announced the companies will be hosting a conference call and webcast for investors to learn about the ESports opportunity for both companies. During the call, SNDBX CEO and Founder Rick Starr and MiT EVP Joe De.

Moving iMage Technologies and SNDBX to Host Call for Investors on May 11, 2023, to Discuss ESports Partnership and Market Opportunity

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, and SNDBX, a division of The Five Agency, LLC and an emerging developer and operator of amateur Esports leagues played locally on the big screen, today announced an expansion to their strategic partnership to accelerate the growth of local amateur Esports leagues. “Our enhanced partnership with SNDBX brings two leading, entrepreneurial companies closer together.

Moving iMage Technologies and SNDBX Expand Strategic Partnership

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced that its Esports partner, SNDBX, has placed an order for eight MovEsports systems with newly signed EVO Entertainment Group (EVO). The agreement will bring Esports to eight EVO Entertainment and ShowBiz Cinema locations across Texas, Florida and Oklahoma that will roll out by the end of 2023. “EVO has been a great partner over the years to MiT,.

Moving iMage Technologies Announces New Esports Orders From SNDBX For Eight EVO Entertainment Group Locations

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), the leading provider of custom-designed and 3rd Party technology and services for cinema exhibition and an emerging business in live entertainment venues and Esports, announced that it has removed the “interim” tag from William “Bill” Greene, naming him chief financial officer, effective immediately. Greene, who joined the Company as interim CFO in January 2023, brings an extensive background in p.

Moving iMage Technologies Names William F. Greene Chief Financial Officer

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it was awarded projection and sound technology upgrade projects from three universities. “Part of our strategy is to expand beyond commercial cinema, and these projects are examples of just one way in which we are executing on these goals,” said Joe Delgado, executive vice president of sales and marketing.

Moving iMage Technologies Announces Projects for Three Colleges and Universities

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it received an award from Flix Brewhouse for a nine-screen luxury dine-in theater in Mansfield, Texas. "We are grateful for the opportunity to work with Flix on the Mansfield location," said Jerry Van de Rydt, senior vice president FF&E Sales.

Moving iMage Technologies Awarded Contract for New Flix Brewhouse Dine-In Cinema in Mansfield, Texas

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology, today announced that its Board of Directors renewed its prior authorization of a share repurchase program permitting the Company to purchase up to an aggregate of $1 million of common stock over the next 12 months.

News for Moving Image Technologies Stock (MITQ)