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

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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.

MITQ reports Q1 revenue decline but eyes growth opportunities

Moving Image Technologies (MITQ) navigated a 21% revenue decline in Q1 '25 but remains well-capitalized with $5.2 million in cash. The company is focusing on growth through technology upgrades, strategic initiatives, and leadership enhancements. MITQ aims to capitalize on industry shifts and opportunities in the cinema sector for future success.

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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.

MITQ posts Q1 breakeven earnings with a 20.8% revenue decline, impacted by post-COVID recovery challenges and softer demand, while maintaining R&D investments to drive future growth.

MiT's Earnings Break Even in Q1 Amid Revenue and Demand Struggles

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q3 2024 Earnings Conference Call November 14, 2024 12:00 PM ET Company Participants Brian Siegel - VP of IR and Strategic Communications Phil Rafnson - Chairman and CEO Francois Godfrey - President and COO Joe Delgado - Co-Founder and EVP of Sales and Marketing Conference Call Participants Operator Greetings, and welcome to the Moving iMage Technologies First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.

Moving iMage Technologies, Inc. (MITQ) Q3 2024 Earnings Call Transcript

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, 2024. Phil Rafnson, Chairman and Chief Executive Officer of MiT commented: “Our first fiscal quarter delivered promising results, underscoring a positive shift in the industry. The combined impact of a r.

Moving iMage Technologies Announces First Quarter Fiscal 2025 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--First sentence and Dial-in and Webcast Information of release dated November 11, 2024, should read: 12:00 p.m. Eastern Time (instead of 11:00 a.m. Eastern Time). The updated release reads: MOVING IMAGE TECHNOLOGIES FIRST QUARTER FISCAL 2025 RESULTS CONFERENCE CALL AND WEBCAST Moving iMage Technologies (NYSE American: MITQ) will host a conference call discussing financial and operational results for its first quarter fiscal 2025 ended September 30, 2024,.

CORRECTING and REPLACING Moving iMage Technologies First Quarter Fiscal 2025 Results Conference Call and Webcast

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) will host a conference call discussing financial and operational results for its first quarter fiscal 2025 ended September 30, 2024, on Thursday, November 14, 2024 at 11:00 a.m. Eastern Time. The earnings release will be posted at roughly 7:00 a.m. Eastern Time that morning and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webcast Informa.

Moving iMage Technologies First Quarter Fiscal 2025 Results Conference Call and Webcast

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies $MITQ, (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced a strategic executive succession plan as part of the Company's ongoing commitment to governance and leadership continuity. As part of this initiative, Francois Godfrey has been promoted to President and Chief Operating Officer and was appointed to MiT's.

Moving iMage Technologies Announces Executive Succession Plan and Board Member Transition

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies $MITQ, (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today provided its annual shareholder letter from Chairman, CEO and President Phil Rafnson. Dear Fellow Shareholders, As we head towards reporting our first quarter of fiscal 2025 in November, I want to take a moment to reflect on the past year and look ahead with exci.

Moving iMage Technologies CEO Pens Annual Shareholder Letter

Presentation on Tuesday, October 29th at 2 pm PT Fountain Valley, California--(Newsfile Corp. - October 17, 2024) - 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 will be presenting at the 17th annual Main Event on Tuesday, October 29th at 2 pm PT at the Luxe Sunset Boulevard Hotel. Brian Siegel, Vice President, Investor Relations and Strategic Communications and Joe Delgado, EVP, Sales and Marketing, will be representing the company.

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

MITQ's fiscal Q4 loss narrows to 4 cents per share, while revenues grow 10% to $6.3 million, driven by rising demand for cinema technologies despite industry challenges.

MiT's Q4 Loss Narrows Y/Y, Revenues Rise on Cinema Demand Recovery

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q4 2024 Earnings Conference Call September 27, 2024 11:00 AM ET Company Participants Brian Siegel - VP of IR and Strategic Communications Phil Rafnson - Chairman and CEO Joe Delgado - Co-Founder and EVP of Sales and Marketing Conference Call Participants Operator Greetings, and welcome to the Moving iMage Technologies Fourth Quarter and Fiscal Year End 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Moving iMage Technologies, Inc. (MITQ) Q4 2024 Earnings Conference Call Transcript

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 fiscal year ended June 30, 2024. Phil Rafnson, chairman and chief executive officer of MiT commented, “The fourth quarter marked the close to a challenging fiscal year, one in which we successfully managed through the.

Moving iMage Technologies Announces Fourth Quarter and Full Year Fiscal 2024 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #cinema--In the first paragraph and in the Dial-in and Webcast Information section of the release dated September 24, 2024, the date of conference call should read: Friday, September 27. In addition, the Replay Expiration date has been changed to October 11, 2024. Lastly, the Moving iMage Technologies boiler plate has been updated. The updated release reads:  MOVING IMAGE TECHNOLOGIES FOURTH QUARTER AND FULL YEAR FISCAL 2024 RESULTS CONFERENCE CALL AND WEBCAST M.

CORRECTING and REPLACING Moving iMage Technologies Fourth Quarter and Full Year Fiscal 2024 Results Conference Call and Webcast

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #cinema--Moving iMage Technologies (NYSE American: MITQ) will host a conference call discussing financial and operational results for its fourth quarter and full year fiscal 2024 ended June 30, 2024, on Thursday, September 26, 2024 at 11:00 a.m. Eastern Time. The earnings release will be posted at roughly 7:00 a.m. Eastern Time that morning and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webc.

Moving iMage Technologies Fourth Quarter and Full Year Fiscal 2024 Results Conference Call and Webcast

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies $MITQ, (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 it was awarded a new project from Flix Brewhouse project to remodel and upgrade its the new 7-screen Albuquerque, New Mexico location expected to open in late 2024. Frank Tees, vice president, technical sales and support, commented: “Flix has been.

Moving iMage Technologies Awarded Project for State-of-the-Art Flix Brewhouse Cinema in Albuquerque

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ), $MITQ, (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it received projects from two customers to upgrade premium large format (PLF) auditoriums to immersive sound systems. Ben Stanton, Senior Director of Sales at Moving iMage Technologies, commented: “MiT is proud to collaborate with Horizon Cinemas and S.

Moving iMage Technologies to Upgrade Premium Large Format Auditoriums With Immersive Sound Systems for Two Customers

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ), $MITQ, (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced a significant upgrade project with Alamo Drafthouse. As part of its ongoing commitment to enhancing the movie-going experience, Alamo Drafthouse has ordered seven state-of-the-art projectors and associated MiT proprietary manufactured products at its r.

Moving iMage Technologies to Upgrade Alamo Drafthouse's Recently Acquired Las Colinas, Texas Location

Discover why Zacks has rated Moving iMage Technologies as "Neutral," being the first on Wall Street to initiate coverage on the stock. Dive into insights about its strategic share repurchase, contract wins and SaaS innovations while considering the hurdles from supply disruptions.

Zacks Initiates Coverage of Moving iMage Technologies With Neutral Recommendation

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ), $MITQ, (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced a significant upgrade project with Alamo Drafthouse. As part of its ongoing commitment to enhancing the movie-going experience, Alamo Drafthouse has ordered seven state-of-the-art projectors and a new immersive sound system for its recently acquired Ri.

Moving Image Technologies to Upgrade Alamo Drafthouse's Recently Acquired Richardson, Texas Location

Moving iMage Technologies (NYSEMKT: MITQ ) stock is on the rise Wednesday after the cinema design and installation company received a new multi-million dollar contract. According to a press release from the company, it has signed on to build a new Alamo Drafthouse project for the company's new Georgetown.

Why Is Moving iMage Technologies (MITQ) Stock Up 60% Today?

Moving iMage Technologies Inc (NYSE:MITQ ) Q3 2024 Earnings Conference Call May 15, 2024 11:00 AM ET Company Participants Brian Siegel - Vice President, Investor Relations Phil Rafnson - President, CEO & Chairman of the Board Joe Delgado - Executive Vice President of Sales & Marketing Bill Greene - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the Moving Image Technologies Third Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.

Moving iMage Technologies Inc (MITQ) Q3 2024 Earnings Call Transcript

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 third quarter ended March 31, 2024. “As expected, the long tail of the actors and writers strike in late 2023 impacted our third quarter results,” said Phil Rafnson, chairman and chief executive officer of MiT. “The strikes impacted the.

Moving iMage Technologies Announces Third Quarter Fiscal 2024 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--First paragraph, first sentence of release, conference call time should read: 12:00 p.m. Eastern Time (instead of 11:00 a.m. Eastern Time). In "Dial-in and Webcast Information" section, conference call time should read 12:00 p.m. ET (instead of 12:00 a.m. ET). The updated release reads: MOVING IMAGE TECHNOLOGIES THIRD QUARTER FISCAL 2024 RESULTS CONFERENCE CALL AND WEBCAST Moving iMage Technologies (NYSE American: MITQ) will host a conference call discu.

CORRECTING and REPLACING Moving iMage Technologies Third Quarter Fiscal 2024 Results Conference Call and Webcast

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ #entertainment--Moving iMage Technologies (NYSE American: MITQ) will host a conference call discussing financial and operational results for its third quarter fiscal 2024 ended March 31, 2024, on Wednesday, May 15, 2024 at 11:00 a.m. Eastern Time. The earnings release will be posted at roughly 7:00 a.m. Eastern Time on May 15, 2024, 2024 and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webcast Inform.

Moving iMage Technologies Third Quarter Fiscal 2024 Results Conference Call and Webcast

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 adopted a new share repurchase program to replace the Company's previous $1.0 million share repurchase program that expired on March 23, 2024. The new share repurchase program authorizes the repurchase of up to $363,000 worth of shares and will expire a.

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

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