Moving iMage Technologies (MITQ) Reports Q2 Loss of $0.04; Offers 2022 Revenue Guidance
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Moving iMage Technologies Announces 113% Revenue Growth in Second Quarter Fiscal 2022
February 9, 2022 7:00 AM ESTReports year-over-year revenue growth of 113% to $3.4 Million; Backlog increased 44% sequentially to $11.1 million at the end of the quarter Increases fiscal 2022 revenue guidance to $14 to $16 million (93% to 121% year-over-year growth)
NEW YORK--(BUSINESS WIRE)-- Moving iMage Technologies, Inc. (NYSE AMERICAN: MITQ), (MiT), a leading digital cinema technology company, today announced results for its second fiscal quarter ended December 31, 2021.
We delivered robust numbers in what is historically our seasonally slowest quarter, said Phil Rafnson, chairman and chief executive officer. We continued to benefit from a combination of... More
