Moving Image Technologies Inc reports Q1 revenue of $5.6 million and net income of $509,000

Reuters

Nov 14

Moving Image Technologies Inc reports Q1 revenue of $5.6 million and net income of $509,000

Moving Image Technologies Inc reported fiscal first quarter 2026 revenue of $5.6 million, up 6.2% from $5.3 million in the prior year period, primarily due to the delivery of a custom cinema project. Gross profit rose 22.0% to $1.7 million, with gross margin increasing to 30.0% from 26.1%. The company reported operating income of $0.4 million compared to an operating loss of $0.1 million in the previous year, and net income improved to $0.5 million, or $0.05 per share, versus a net loss of $0.0 million in the prior year. Working capital increased 12.4% to $4.8 million, with cash at $5.5 million at the quarter's end. Key business developments included the completion of a 166-seat cinema and performing arts venue at Cherry Lane Theatre in New York City and technology upgrades for Alamo Drafthouse locations in Texas. The company anticipates revenue of approximately $3.4 million in the second fiscal quarter, reflecting seasonal trends.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moving Image Technologies Inc published the original content used to generate this news brief via Newsfile (Ref. ID: 274506) on November 14, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moving Image Technologies Inc published the original content used to generate this news brief via Newsfile (Ref. ID: 274506) on November 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4108","symbol_name":"电影和娱乐","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nNDL3Gw29g:1","article_id":"2583050175","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583050175","pubTimestamp":1763124626,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Moving Image Technologies Inc reported fiscal first quarter 2026 revenue of $5.6 million, up 6.2% from $5.3 million in the prior year period, primarily due to the delivery of a custom cinema project. 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