Moving iMage Technologies, Inc. reported Q2 FY2026 revenue of $3.8 million, a 10% increase year-over-year, with a net loss of $(388k). The company also announced the acquisition of the DCS premium cinema loudspeaker line from QSC for $1.5 million in cash and provided Q3 FY2026 revenue guidance of approximately $3 million.
Key takeaways
Q2 FY2026 revenue rose 10% to $3.8M compared to $3.44M in the same quarter last year.
Q2 FY2026 net loss improved to $(388k), or $(0.04) per share, from $(527k), or $(0.05) per share, in Q2 FY2025.
The company acquired the DCS premium cinema loudspeaker line from QSC for $1.5M in cash during Q2.
Gross margin increased to 30.7% in Q2'26 from 27.2% in Q2'25.
The company expects Q3'26 revenue of approximately $3M.
Closed Q2'26 with working capital of $4.5M, including net cash of $3.9M and zero debt.