Moving iMage Technologies Posts 10% Q2 Revenue Growth to $3.8M and Expands DCS Loudspeaker Reach
Moving iMage Technologies reported Q2 revenue of $3.8M, up 10% year-over-year, boosting gross margin to 30.7% and reducing net loss to $0.04 per share. The company closed with $3.9M net cash and zero debt after a $1.5M acquisition of DCS loudspeakers and onboarded 25 dealers across EMEA, APAC and Americas.
1. Quarterly Financial Results
Moving iMage Technologies posted Q2 fiscal 2026 revenue of $3.8M, a 10% increase over Q2’25, with gross margin rising to 30.7% from 27.2%. Net loss narrowed to $388k (or $0.04 per share) and operating loss improved to $408k, ending the quarter with $3.9M cash and zero debt.
2. DCS Loudspeaker Acquisition
In Q2’26 the company acquired the DCS premium cinema loudspeaker line from QSC for $1.5M in cash, expanding its product portfolio and strengthening its value proposition in North America. Integration efforts are underway to leverage DCS speakers alongside MiT’s LEA amplifiers and broaden the company’s solutions offering.
3. International Expansion and Outlook
Moving iMage has signed distribution agreements with 25 dealers across EMEA, APAC and Americas and executed initial shipments in countries including the US, UK, Taiwan and Germany. Management expects Q3 revenue of approximately $3M with gross margins returning to prior levels and anticipates additional growth channels from the DCS acquisition.