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.

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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.

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.

Moving iMage Technologies (MiT) Board of Directors Renews $1 Million Share Repurchase Program Authorization for 12 Months

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), today said it has no direct financial exposure to Silicon Valley Bank or Signature Bank in the wake of the banks being closed by regulators. MiT utilizes banking services from Bank of the West, a subsidiary of BMO Financial Group, a highly diversified financial services provider and the 8th largest bank, by assets, in North America.

Moving iMage Technologies Says it Has No Direct Financial Exposure to Silicon Valley Bank or Signature Bank

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it completed an international project for a luxury auditorium at a dine-in cinema in Reykjavik, Iceland. “Part of our mid to long-term strategy is to expand beyond North America into international markets,” said Joe Delgado, executive vice president of sales and marketing.

Moving iMage Technologies Announces Completion of International Project

FOUNTAIN VALLEY, CA / ACCESSWIRE / February 15, 2023 / Moving iMage Technologies (NYSE American:MITQ) ("MiT"), a leading digital cinema technology company, today announced Joe Delgado, executive vice president of sales and marketing will be presenting at the Third Annual Winter Wonderland - Best Ideas Investor Conference. Presentation Date: Tuesday, February 21, 2023 Presentation Time: 2:30 p.m.

Moving iMage Technologies to Present at The Third Annual Winter Wonderland - Best Ideas Investor Conference

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q2 2023 Earnings Conference Call February 14, 2023 11:00 AM ET Company Participants Brian Siegel - Hayden IR Phil Rafnson - Chairman & Chief Executive Officer Joe Delgado - Co-Founder & Executive VP, Sales & Marketing Conference Call Participants Kurt Caramanidis - Carl M. Hennig Inc Operator Greetings, and welcome to the Moving iMage Technologies Second Quarter Fiscal 2023 Earnings Results Conference Call.

Moving iMage Technologies, Inc. (MITQ) Q2 2023 Earnings Call Transcript

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ--Moving iMage Technologies, Inc. (NYSE AMERICAN: MITQ), (“MiT”), a leading digital cinema technology company, today announced results for its second fiscal quarter ended December 31, 2022. “We continued to see momentum during our second fiscal quarter with strong revenue growth, improved margins and profits,” said Phil Rafnson, chairman and chief executive officer.

Moving iMage Technologies Announces Second Quarter Fiscal 2023 Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ--Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its second quarter fiscal 2023, which ended December 31, 2022. at 11:00 a.m. Eastern Time. On Tuesday, February 14, 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/.

Moving iMage Technologies to Report Second Quarter Fiscal 2023 Results on February 14, 2023

Moving iMage Technologies Announces New Esports Orders From SNDBX for Regional Theater Circuit

FOUNTAIN VALLEY, Calif.--( BUSINESS WIRE )--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it shipped its first two MovEsports for SNDBX eight-cart gaming systems for the Esports market to a movie exhibitor in Wyoming.

Moving iMage Technologies Announces First Esports Orders From SNDBX

FOUNTAIN VALLEY, Calif.--( BUSINESS WIRE )--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, today named William “Bill” Greene as interim chief financial officer, effective immediately.

Moving iMage Technologies Names William F. Greene Interim Chief Financial Officer

FOUNTAIN VALLEY, Calif.--( BUSINESS WIRE )--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced Joe Delgado, executive vice president, will present and host one-on-one meetings with investors at the Sidoti January Virtual MicroCap Conference, taking place on January 18-19, 2023.

Moving iMage Technologies to Present at Sidoti Virtual MicroCap Conference

FOUNTAIN VALLEY, Calif.--( BUSINESS WIRE )--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, and LEA Professional (“LEA”), a global manufacturer of industry-first, pro-audio amplifiers with cloud- and IoT-based technologies, today announced a partnership to distribute LEA's line of “smart” power amplifiers to the global cinema market.

Moving iMage Technologies Named Global Cinema Distributor by LEA Professional

FOUNTAIN VALLEY, Calif.--( BUSINESS WIRE )--Moving iMage Technologies (NYSE American: MITQ) ("MiT") today announced the passing of chief financial officer Michael “Mike” Sherman on November 30, 2022.

Moving iMage Technologies Mourns the Loss of Chief Financial Officer Michael R. Sherman

The company is benefiting from the post-pandemic recovery, government assistance for the sector, an early new upgrade cycle, and expansion beyond movie theaters and national borders. Gross margins are expanding faster than revenues on a shift towards higher-margin products, and the company has introduced several promising new ones.

Opportunity In Moving iMage As Its Business Recovered But Its Share Price Hasn't

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q1 2023 Results Conference Call November 15, 2022 11:00 AM ET Company Participants Brian Siegel - Hayden IR Philip Rafnson - Chairman and CEO Jose Delgado - Co-Founder, EVP of Sales and Marketing Michael Sherman - CFO Conference Call Participants Operator Greetings, and welcome to the Moving iMage Technologies First Quarter Fiscal 2023 Earnings Call. At this time, all participants are in a listen only mode.

Moving iMage Technologies, Inc. (MITQ) Q1 2023 Earnings Call Transcript

FOUNTAIN VALLEY, Calif.--( BUSINESS WIRE )--Moving iMage Technologies, Inc. (NYSE AMERICAN: MITQ), (“MiT”), a leading digital cinema technology company, today announced results for its first fiscal quarter ended September 30, 2022.

Moving iMage Technologies Announces First Quarter Fiscal 2023 Results

Moving iMage Technologies to Report First Quarter Fiscal 2023 Results on November 15, 2022

Los Angeles, California--(Newsfile Corp. - October 18, 2022) - Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced that it will be presenting at the 15th annual LD Micro Main Event investor conference on Tuesday, October 25th at 3:30 p.m. PT / 6:30 p.m. ET.

Moving iMage Technologies to Present at the LD Micro Main Event XV Conference

Moving iMage Technologies Announces Approval of Direct View LED Frame Patent

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced that it was named “Vendor of the Year” by the local National Association of Theater Owners (NATO) chapters and was presented the award at the 2022 Geneva Convention in Lake Geneva, Wisconsin. The Geneva Convention had been on hiatus since 2019, and this was the first significant event targeting the cinema space in the Midwest. “We're hon

Moving iMage Technologies Wins Vendor of the Year Award at 2022 Geneva Convention

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)---- $MITQ--Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced Joe Delgado, executive vice president of sales and marketing will be presenting at the MicroCap Rodeo Presents: Windy City Roundup Conference 2022. Presentation Date: Thursday, October 13, 2022 Presentation Time: 10:30 a.m. ET Webcast: https://www.webcaster4.com/Webcast/Page/2924/46726 1:1 Meetings: Wednesday and Thursday, October 12 and

Moving iMage Technologies to Present at The MicroCap Rodeo presents The Windy City Roundup 2022

Moving iMage Technologies, Inc. (NYSE:MITQ ) Q4 2022 Earnings Conference Call September 23, 2022 11:00 AM ET Company Participants Brian Siegel - Senior MD, Hayden IR Phil Rafnson - Chairman and CEO Joe Delgado - Co-Founder, EVP of Sales and Marketing Mike Sherman - CFO Conference Call Participants Kurt Caramanidis - Carl M. Hennig Scott Weis - Semco Capital Operator Greetings and welcome to the Moving iMage Technologies' Fourth Quarter and Full Year Fiscal 2022 Earnings Conference Call.

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