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.

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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.

Shares of Moving iMage Technologies Inc (NYSEAMERICAN: MITQ) jumped more than 40% in extended trading after the digital cinema company reported strong results for its fiscal first quarter. Q1 financial performance Moving iMage said it lost $0.6 million in the first quarter that translates to 6 cents per share.

What made Moving iMage shares jump 40% in extended trading?

NEW YORK--(BUSINESS WIRE)--Moving iMage Technologies Announces Strong Results in First Quarter Fiscal 2022

Moving iMage Technologies Announces Strong Results in First Quarter Fiscal 2022

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Moving iMage Technologies to Report Fiscal First Quarter 2022 Results on November 11, 2021

Moving iMage Technologies to Report Fiscal First Quarter 2022 Results on November 11, 2021

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Moving iMage Technologies Announces Open House and New Technology Demonstration Event

Moving iMage Technologies Announces Open House and New Technology Demonstration Event

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FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Moving iMage Technologies (MiT) to Present Virtually at LD Micro Main Event (XIV) Conference

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Digital cinema technology company Moving iMage Technologies (NYSE: MITQ) used existing cash on hand to repay $3.1 million in debt, including accrued interest and debt retirement fees, during the Q1 of FY22, eliminating substantially every short and long-term debt liabilities on the balance sheet.  It did not utilize its July 12 IPO proceeds.

Moving iMage Shares Jump After Retiring $3.1M Outstanding Debt

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Moving iMage Technologies Announces Retirement of Outstanding Debt

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FOUNTAIN VALLEY, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema company that designs, manufactures, integrates, installs and distributes a full suite of proprietary and custom-designed equipment, announced today that Frank Tees, MiT's Vice President, Technical Sales Support, has been named President of the International Cinema Technology Association (ICTA), the cinema industry's trade association whose members are widely recognized as the experts within the industry on theatre equipment and services.

Moving iMage Technologies' Frank Tees Named President of International Cinema Technology Association (ICTA)

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Full Exercise of Underwriter's Over-Allotment Option Full Exercise of Underwriter's Over-Allotment Option

Moving iMage Technologies Announces Closing of Initial Public Offering

News for Moving Image Technologies Stock (MITQ)