IPO Year: 2021
Exchange: AMEX
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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
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 a new immersive sound system for its recently acquired Richardson, 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 our commitment to pro
Moving iMage Technologies (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 Alamo Drafthouse project for the new Georgetown location expected to open this Summer in Indianapolis, Indiana. "The Georgetown location in Indianapolis is another example of our strong partnership with Alamo, one of North America's quickest-growing dine-in experience chains, and we're excited to be a part of this new project," said Joe Delgado, executive vice president, sales and marketing. "This state-of-the-art cinema is the 44th Alamo site equipped by MiT, promising an unpara
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 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 industry year to date for several reasons, including the lower 2024 domestic box office, which analysts expect to be flat to down, and budgeting delays at many of our customers. Specifically, we have seen multiple projects and orders pushed out into
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) ("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 at the earlier of June 30, 2024, or when the maximum dollar amount of shares is repurchased. Through March 22, 2024, under the prior repurchase plan, the Company repurchased approximately 6.3% of the total shares outstanding for $637,000. All repurcha
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 second quarter ended December 31, 2023. "As expected, our second quarter results were down versus last year, reflecting the end to the Shuttered Venue Operators Grant, or SVOG, spending and the impact of the writers' and actors' strikes, which negatively impacted the box office and our customers' ability to build budgets for 2024," said Phil Rafnson, chairman and chief executive officer, MiT. "As a result of these delays, we saw no major projects move forward during the quarter, how
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
Revenue increased 13%; gross profit increased 17%; gross margin of 27.4%; GAAP and Non-GAAP EPS of $0.04 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, 2023. "We started the new fiscal year on a strong note with double-digit growth in revenue, gross margin expansion and profits," said Phil Rafnson, chairman and chief executive officer, MiT. "We've been talking about a technology refresh cycle for several quarters now, and this quarter's results were encouraging, as projector replacements and o
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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
Moving iMage Technologies (NYSE: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/. In addition, management will host a conference call and audio webcast to review the Company's results and forward expectations at 11:00 a.m Eastern Time. Dial-in and Webcast Information Date/Time: Tuesday, February 14, 2023, 11:00 a.m. ET Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Webcast: h
Moving iMage Technologies (NYSE:MITQ) will report financial and operational results for its first quarter fiscal 2022, which ended September 30, 2022. at 11:00 a.m. Eastern Time. On Tuesday, November 15, 2022, 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/. In addition, management will host a conference call and audio webcast to review the Company's results and forward expectations at 11:00 a.m Eastern Time. Dial-in and Webcast Information Date/Time: Tuesday, November 15, 2022, 11:00 a.m. ET Toll-Free: 1-877-407-4018 Toll/International: 1-201-689-8471 Webcast: h
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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
Shares of Adobe Inc. (NASDAQ:ADBE) rose sharply in today's pre-market trading following better-than-expected second-quarter earnings and strong guidance. Adobe reported second-quarter revenue of $5.31 billion, beating the consensus estimate of $5.292 billion. The company reported quarterly adjusted earnings of $4.48 per share, beating analyst estimates of $4.39 per share, according to data from Benzinga Pro. Adobe shares surged 14.6% to $525.76 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers FOXO Technologies Inc. (NYSE:FOXO) rose 53.7% to $0.3674 in pre-market trading. Chijet Motor Company, Inc. (NASDAQ:CJET) shares rose
Gainers CuriosityStream (NASDAQ:CURI) stock moved upwards by 5.9% to $1.25 during Tuesday's after-market session. The market value of their outstanding shares is at $66.9 million. FingerMotion (NASDAQ:FNGR) stock moved upwards by 2.86% to $2.87. The market value of their outstanding shares is at $151.2 million. Moving iMage Technologies (AMEX:MITQ) shares moved upwards by 2.71% to $0.66. The company's market cap stands at $6.7 million. Sify Technologies Limited - Rights expiring 6/21/2024 (NASDAQ:SIFYR) shares increased by 2.71% to $0.14. Zhihu (NYSE:ZH) shares moved upwards by 2.2% to $3.25. The company's market cap stands at $322.6 million. Direct Digital Holdings (NASDAQ:DRCT) share
Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply during Tuesday's session after the company announced pricing of $15 million underwritten public offering. Contango Ore shares dipped 18.4% to $20.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Trio Petroleum Corp. (NYSE:TPET) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells. Airship AI Holdings, Inc. (NASDAQ:AISP) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform. Blue World Acquisition Corporation (NASDAQ
Shares of Calavo Growers, Inc. (NASDAQ:CVGW) rose sharply in today's pre-market trading after the company reported second-quarter financial results. Total net sales surged 16.5% year-over-year to $184.4 million during the quarter. Adjusted net income surged to $8.9 million, or 50 cents per diluted share, from $5.1 million, or 29 cents per diluted share for the year-ago quarter. Calavo Growers shares jumped 11.6% to $27.90 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers ShiftPixy, Inc. (NASDAQ:PIXY) rose 41.1% to $2.06 in today's pre-market trading. Nauticus Robotics, Inc. (NASDAQ:KITT) shares rose 27.2% to $0.2938 in pre-
Shares of GameStop Corp. (NYSE:GME) fell sharply during Friday's session after the company released worse-than-expected first-quarter results before schedule and filed to sell up to 75 million shares. GameStop released its first-quarter 2024 results early Friday ahead of its scheduled June 11 date. The company reported net sales of $881.8 million, down from $1.237 billion year-over-year. The net sales total missed a consensus estimate of $995.3 million. The company reported a loss of 12 cents per share, missing the estimate of a loss of 9 cents per share, according to data from Benzinga Pro. GameStop shares dipped 22.5% to $36.07 on Friday. Here are some other stocks moving in today
Gainers Leafly Holdings (NASDAQ:LFLY) shares increased by 34.6% to $2.72 during Friday's regular session. The company's market cap stands at $6.4 million. Cumulus Media (NASDAQ:CMLS) shares rose 13.07% to $2.21. The market value of their outstanding shares is at $37.2 million. GD Culture Group (NASDAQ:GDC) stock increased by 10.89% to $1.22. The market value of their outstanding shares is at $9.6 million. Hanryu Holdings (NASDAQ:HRYU) shares moved upwards by 8.6% to $0.39. The market value of their outstanding shares is at $20.5 million. Chicken Soup for the Soul (NASDAQ:CSSE) shares moved upwards by 8.36% to $0.33. The company's market cap stands at $10.5 million. iHeartMedia (NASDAQ:
Gainers Leafly Holdings (NASDAQ:LFLY) stock rose 22.8% to $2.48 during Friday's pre-market session. The market value of their outstanding shares is at $5.8 million. Super League Enterprise (NASDAQ:SLE) shares increased by 10.34% to $1.28. The market value of their outstanding shares is at $8.4 million. Treasure Global (NASDAQ:TGL) shares increased by 8.08% to $4.01. The company's market cap stands at $5.2 million. Gamer Pakistan (NASDAQ:GPAK) stock moved upwards by 7.07% to $0.27. The market value of their outstanding shares is at $6.8 million. TuanChe (NASDAQ:TC) shares rose 4.34% to $2.4. The market value of their outstanding shares is at $4.8 million. Grindr (NYSE:GRND) shares moved
Shares of Braze, Inc. (NASDAQ:BRZE) rose sharply in today's pre-market trading following better-than-expected first-quarter earnings. Braze reported first-quarter revenue of $135.459 million, beating estimates of $131.668 million. The company reported a first-quarter adjusted loss of 5 cents per share, beating estimates for a loss of 10 cents per share, according to Benzinga Pro. Braze shares jumped 14.3% to $42.02 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Venus Concept Inc. (NASDAQ:VERO) rose 135.8% to $1.46 in today's pre-market trading after gaining 16% on Thursday. Venus Concept was notified it regained compliance
Shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) fell sharply during Thursday's session after the company reported worse-than-expected quarterly sales results. G-III Apparel Group posted adjusted earnings of 13 cents per share, according to data from Benzinga Pro. The company's quarterly sales came in at $609.747 million, missing market estimates of $616.286 million. G-III Apparel Group shares dipped 13.4% to $27.12 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Virax Biolabs Group Limited (NASDAQ:VRAX) shares jumped 139.4% to $2.5390. American Oncology Network, Inc. (NASDAQ:AONC) gained 102% to $4.52. American Oncology Network expanded
U.S. stocks traded mostly higher this morning, with the Dow Jones gaining around 100 points on Thursday. Following the market opening Thursday, the Dow traded up 0.30% to 38,923.18 while the NASDAQ rose 0.03% to 17,192.90. The S&P 500 also rose, gaining, 0.10% to 5,359.50. Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields Leading and Lagging SectorsInformation technology shares rose by 0.4% on Thursday. In trading on Thursday, real estate shares fell by 0.6%. Top Headline U.S. initial jobless claims rose by 8,000 to 229,000 in the week ending June 1, compared to market estimates of 220,000. Equities