The earnings call presented a mixed picture with significant operational improvements and financial stability despite revenue challenges. The company is positioned for future growth with a strong financial base and ongoing projects, but current economic uncertainties are affecting revenue in the short term.
Company Guidance
During the Moving iMage Technologies Fiscal 2025 Third Quarter Conference Call, the company discussed its financial and operational performance, highlighting a Q3 2025 revenue of $3.57 million, which marked an 8.2% decline from the previous year. Despite this, the company improved its operating loss to $270,000, down from $649,000 in Q3 2024, aided by a 57% increase in gross margin dollars to $1.063 million. The net loss was trimmed to $240,000, or $0.02 per share, compared to a $601,000 loss, or $0.06 per share, the previous year. The company's net cash position remained stable at $5.37 million, with no long-term debt, and working capital exceeding $4.4 million, ensuring operational funding through fiscal 2026. Looking ahead, Moving iMage anticipates Q4 2025 revenue of approximately $5.2 million, including significant Caddy product sales for an NFL installation, while continuing to focus on reducing net losses both sequentially and year-over-year.
Improved Bottom-Line Results
Despite a revenue decline, the company managed to reduce its operating loss to $270,000 from $649,000 due to a 57% increase in gross margin dollars.
Strong Cash Position
The company maintained a steady net cash position at $5.37 million with no long-term debt, and a working capital exceeding $4.4 million, suggesting a strong financial position.
Successful Projects and Market Expansion
Completed notable projects such as the UCSB Pollock Theatre and Flix Brewhouse Albuquerque Tramway, and expanding presence in the professional sports market with a Caddy product sale for an NFL installation.
Projected Revenue Growth
Anticipating Q4 2025 revenue of approximately $5.2 million and solid progress in reducing net loss.
Moving iMage Technologies (MITQ) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MITQ Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 15, 2025
$0.58
$0.59
+1.72%
Feb 13, 2025
$0.72
$0.74
+2.78%
Nov 14, 2024
$0.63
$0.60
-4.76%
Sep 26, 2024
$0.56
$0.57
+1.79%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Moving Image Technologies Inc (MITQ) report earnings?
Moving Image Technologies Inc (MITQ) is schdueled to report earning on Sep 24, 2025, After Close (Confirmed).
What is Moving Image Technologies Inc (MITQ) earnings time?
Moving Image Technologies Inc (MITQ) earnings time is at Sep 24, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.