MOVING iMAGE TECHNOLOGIES INC.: Annual report
Moving iMage Technologies acquired a loudspeaker product line while its sales backlog decreased slightly.
Mixed for the companyWhat the numbers say
Revenue fell 4.6% to $17.3M versus the prior year; operating margin widened from -6.0% to -2.9%; diluted EPS -$0.03 versus -$0.10; operating cash flow -$2.5M (a year earlier $437K); free cash flow -$2.5M (a year earlier $437K); cash fell by $2.5M to $3.2M.
What happened
- The company purchased the QSC Digital Cinema Speaker Series product line for a purchase price of $1.5 million on October 31, 2025.
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