Moving iMage Technologies Achieves Q2 Revenue of $3.8M; Hosts Call Today at 11am ET (Form 8-K)

Moving iMage Technologies Achieves Q2 Revenue of $3.8M; Hosts Call Today at 11am ET

Fountain Valley, California--(Newsfile Corp. - February 12, 2026) - Moving iMage Technologies, Inc. (NYSE American: MITQ) "MiT", a leading provider of cutting-edge out-of-home entertainment technology and services for cinema, stadiums, arenas, Esports, and other venues, announced results for its fiscal 2026 second quarter ended December 31, 2025 (Q2'26) and will hold an investor call today at 11am ET (see call details below).

Highlights

Moving Image Chairman and CEO, Phil Rafnson, commented, "MiT achieved 10% revenue growth in the second quarter, a typically slow period in our industry as exhibitors are focused on holiday box office performance. We are now picking up with customer dialogues regarding their cinema projects for the balance of the year and are pleased by the initial response we are getting to our DCS loudspeaker and LEA amplifier offerings. Demand from theater audiences for immersive and premium large formats continues to be strong, and we continue to position MiT as a best-in-class partner to deliver cutting-edge solutions. We are cautiously optimistic regarding our outlook given our expanded array of cinema and cinema audio solutions and by expectations for a rebound in domestic box office receipts in calendar 2026."

President and COO, Francois Godfrey, added, "We have hit the ground running in our efforts to incorporate the DCS loudspeaker line and operations into our business. DCS is an exciting opportunity that builds on our existing product portfolio with a highly respected, proprietary product line and provides us meaningful entry into international markets where we have been largely absent. We have made good progress onboarding the business and setting up the internal and external systems and resources required to ensure the highest quality customer service.

"Leveraging DCS's well-established industry reputation, we are also building out our network of international dealers to carry the DCS line, as well as LEA amplifiers and other MiT solutions as possible. We are seeing encouraging interest in DCS products around the globe. To date, we have signed distribution relationships with over 25 established cinema equipment dealers in the EMEA, APAC, Americas and SAARC regions to promote DCS in over fifty countries and are continuing to advance discussions in a range of other countries. Equally important, we have executed initial shipments with customers in the US, UK, Taiwan, Thailand, Korea, Germany, Italy, Chile, and Vietnam. Closer to home, one of our longstanding clients has recently committed to a multi-year contract for DCS loudspeakers and we hope to provide more details once product shipments are underway.

"Furthermore, several organizations that cater to emerging cinema markets are increasing investment in cinema and audio equipment in line with an expanding array of in-country content being produced. The global reputation of DCS gives us credible entree to pursue these opportunities.

"The solid attendee engagement we experienced at CineAsia Thailand in December confirmed the potential for MiT to participate in remodel and new theater construction opportunities happening across India and Southeast Asia.

"We currently expect Q3'26 revenue of approximately $3M with gross margin percentage returning to prior year's lower levels. We feel MiT has taken the right steps focused on the core business and a strong foundation through margin and cost initiatives designed to progress our business toward consistent profitability. We are excited for new growth channels that should stem from the DCS loudspeaker line acquisition and are diligently pursing the relationships necessary to achieve a vibrant dealer network on all continents which is a precursor to long term success on that front."

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Telephone Replay
Access ID: 13758560
Replay Dial-In: 1-844-512-2921 or 1-412-317-6671
Replay Expiration: February 28, 2026 at 11:59 p.m. ET