IPO Year: 2021
Exchange: AMEX
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Moving iMage Technologies (NYSE:MITQ) ("MiT"), a leading digital cinema technology company, today announced it has appointed Francois Godfrey as Vice President, Business Development – Sales, reporting to Joe Delgado, Executive Vice President, Marketing and Sales. Godfrey brings over 20 years of business development, marketing and sales experience at a variety of leading digital cinema technology companies. Most recently he served as Director, Business Development and Sales for Christie Digital Systems Inc., a leading digital visualization technology company focused on cinema and other markets. At Christie, he was responsible for the strategy and execution of its Profesional Services Divisi
Approximate $3.1 million in debt reduction leaves substantially no outstanding debt in the Company's capital structure Annual interest expense savings expected to be approximately $0.3 million Moving iMage Technologies (NYSE:MITQ) ("MiT"), a leading digital cinema technology company, today announced that it used existing cash on hand to retire approximately $3.1 million in debt, including accrued interest and debt retirement fees, during the first quarter of fiscal 2022, eliminating substantially all short and long-term debt liabilities on the Company's balance sheet. No proceeds from the Company's July 12, 2021 IPO were used to execute the retirement. The Company's remaining debt is a se
Improved industry environment and technology refresh cycle drove year-over-year revenue growth for MiTHigher gross margin and cost reductions led to improvement in net lossCustomer spending expected to continue to improve throughout 2025 Fountain Valley, California--(Newsfile Corp. - February 13, 2025) - Moving iMage Technologies, Inc. (NYSE:MITQ), ("MiT"), $MITQ, a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced results for its second quarter ended December 31, 2024.Phil Rafnson, Chairman and Chief Executive Officer of MiT commented: "Industry trends indicate a strengthening cinema industry spending en
Moving iMage Technologies, Inc. (NYSE: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 robust summer box office and a critical technology upgrade cycle has provided theaters with the confidence to start releasing budgets to invest in premium technologies. We successfully fulfilled orders for high-end solutions including immersive audi
Moving iMage Technologies (NYSE: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 Information Date/Time: Thursday, November 14, 2024 at 11:00 a.m. Eastern Time Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link fo
Industry veteran Francois Godfrey promoted to President and Chief Operating Officer and appointed to the Company's Board of Directors Moving iMage Technologies $MITQ, (NYSE: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 Board of Directors, effective immediately. Godfrey succeeds Phil Rafnson, who will retain his role of Chairman and C
Moving iMage Technologies $MITQ, (NYSE: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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024563069/en/Moving iMage Technologies CEO Shareholder Letter discussing positive cinema trends, and opportunities for the Company in entertainment, esports, sports venues and new initiatives. (Photo: Business Wire) Dear Fellow Shareholders, As we head towards reporting our first quarter of fiscal 2025 in November,
Moving iMage Technologies, Inc. (NYSE: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 industry disruptions caused by the actors and writers strikes that began during our second fiscal quarter. While the strong momentum and results from our first fiscal quarter did not continue throughout the remainder of the year, we made significant p
Moving iMage Technologies (NYSE: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 Webcast Information Date/Time: Thursday, September 26, 2024, 11:00 a.m. ET Toll-Free: 1-877-407-4021 Toll/International: 1-201-689-8472 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for in
Moving iMage Technologies $MITQ, (NYSE: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 a long-time partner for us, and we are excited to contribute to the Albuquerque location's transformation. Our goal is to deliver an unparalleled cinema experience by equipping the venue with cutting-edge projection, sound systems, and advanced techno
Moving iMage Technologies (NYSE: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 Schulman Theatres to enhance their PLF auditoriums with cutting-edge immersive audio systems. This partnership demonstrates the commitment of Horizon Cinemas and Schulman Theatres to delivering exceptional cinematic experiences through immersive audio
Moving iMage Technologies (NYSE: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 recently acquired Las Colinas, Texas, location. "We are thrilled to collaborate with Alamo Drafthouse on these exciting upgrades," said Joe Delgado, executive vice president, sales and marketing at Moving iMage Technologies. "This project highlights o
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Moving iMage Technologies (NYSE: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 Information Date/Time: Thursday, November 14, 2024 at 11:00 a.m. Eastern Time Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link fo
Moving iMage Technologies (NYSE: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 Webcast Information Date/Time: Thursday, September 26, 2024, 11:00 a.m. ET Toll-Free: 1-877-407-4021 Toll/International: 1-201-689-8472 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for in
Moving iMage Technologies (NYSE: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 Information Date/Time: Wednesday, May 15, 2024, 12:00 a.m. ET Toll-Free: 1-877-407-4021 Toll/International: 1-201-689-8472 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for instant telep
Moving iMage Technologies (NYSE:MITQ) will host a conference call discussing financial and operational results for its second quarter fiscal 2024 ended December 31, 2023, on Wednesday, February 14, 2024, at 11:00 a.m. Eastern Time. The earnings release will be posted at roughly 7:00 a.m. Eastern Time on February 14, 2024 and accessible through the Company's investor relations website at https://investors.movingimagetech.com/. Dial-in and Webcast Information Date/Time: Wednesday, February 14, 2024, 11:00 a.m. ET Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for i
Moving iMage Technologies (NYSE: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, 12:00 p.m. ET Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for instant telephone access to the event. Call me™ link w
Moving iMage Technologies (NYSE: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, September 26, 2023, 10:00 a.m. ET Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for instant telephone access to the event. Ca
Moving iMage Technologies, Inc. (NYSE: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 not indicate any demand weakness. However, this situation is a key driver for our strategy to spur growth and diversify our business into higher-margin, recurring revenue offerings and new markets. On that front, our gross margin expanded significant
Moving iMage Technologies (NYSE: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 Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Call me™: Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ Link for instant telephone access to the event. Call me™ link will be made acti
Moving iMage Technologies (NYSE: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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230508005317/en/ During the call, SNDBX CEO and Founder Rick Starr and MiT EVP Joe Delgado will discuss the recently expanded partnership and the SNDBX business model and strategy for bringing ESports leagues t
Moving iMage Technologies (NYSE: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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230502006182/en/ "Our enhanced partnership with SNDBX brings two leading, entrepreneurial companies closer together to capture this significant market opportunity," said Joe Delgado, executive vice president, sales and marketing. "This agre