MITQ
Moving iMage Technologies, Inc.0.6700
+0.0075+1.13%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
6.66MP/E (TTM)
-Basic EPS (TTM)
-0.05Dividend Yield
0%Recent Filings
8-K
Acquires DCS loudspeakers, revenue up 10%
Moving iMage Technologies acquired DCS premium cinema loudspeakers from QSC for $1.5M cash in Q2'26, bolstering its product portfolio and international reach. Revenue climbed 10% to $3.8M with gross margin expanding to 30.7% from 27.2%, trimming net loss to $(388k) or $(0.04)/share. DCS expands global dealer network. Q3'26 revenue expected at ~$3M.
10-Q
Q2 FY2026 results
Moving iMage Technologies posted Q2 FY2026 revenue of $3.8M, up 10% y/y from $3.4M, with gross margin expanding to 30.7% from 27.2% on higher-margin products; YTD revenue hit $9.4M, up 8% y/y, flipping to $0.1M net income from a $0.6M loss. Operating loss narrowed to $0.4M from $0.6M y/y, while YTD operating loss shrank to $0.1M (derived). Cash dipped to $3.9M from $5.7M at June 30, 2025, after a $1.5M DCS inventory asset purchase in October 2025; operating cash used $1.8M. No debt. Acquired DCS product line for $1.5M. Customer concentration lingers.
8-K
Annual meeting date set
8-K
Q1 revenue up 6.2% to $5.6M
Moving iMage Technologies posted Q1'26 revenue of $5.6M, up 6.2% from $5.3M last year, with gross profit jumping 22% to $1.7M at 30.0% margin. Operating income flipped to $350k from a $68k loss, driving net income of $509k or $0.05 per share; cash stood at $5.5M. Post-quarter, it snapped up DCS loudspeaker assets for $1.5M cash to bolster premium audio offerings. Seasonality hits Q2 revenue at ~$3.4M.
10-Q
Q1 FY2026 results
Moving iMage Technologies flipped to $5.6M revenue and $0.4M operating income for Q1 FY2026 ended September 30, 2025, up 6% y/y from $5.3M and a $0.1M loss, with gross margin jumping to 30.0% from 26.1% on higher-margin products; operating expenses dropped 8% y/y to $1.3M via lower selling and R&D costs. Net income hit $509K or $0.05 diluted EPS (10.2M shares), boosted by $128K payables extinguishment while anti-dilution excluded all options. Cash dipped to $5.5M on $167K operating outflow, no debt. Post-quarter, bought QSC's DCS loudspeaker line for $1.5M. Customer concentration lingers.
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