-
市场
-
产品
-
资讯
-
Moo社区
-
课堂
-
查看更多
-
功能介绍
-
费用费用透明,无最低余额限制
投资选择、功能介绍、费用相关信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 浅色
Earnings Call Summary | Moving IMage Technologies(MITQ.US) Q2 2024 Earnings Conference
Earnings Call Summary | Moving IMage Technologies(MITQ.US) Q2 2024 Earnings Conference
The following is a summary of the Moving IMage Technologies Inc (MITQ) Q2 2024 Earnings Call Transcript:
Financial Performance:
Moving Image Technologies reported a Q2 revenue of $3.3 million, a 33% decrease from last year.
Gross profit decreased by 42% to $0.8 million, with gross margin down 390 basis points to 23.2%, attributed to an unfavorable product mix that included the sale of large projectors with lower margins.
GAAP operating expenses rose by 10%, resulting in a GAAP operating loss of $0.8 million. GAAP and non-GAAP net loss stood at $0.8 million or $0.07 per share.
At the quarter's end, cash and cash equivalents amounted to $5.1 million, a decrease of $1.3 million from the first quarter.
Business Progress:
Moving Image Technologies (MITQ) is shifting towards higher margin products to smooth out business cyclicality, including MITQ's MI translator and the CineQC platform.
MITQ is expanding its business to live entertainment venues and eSports, with potential growth opportunity being the E-caddy concept, aimed at stadiums and arenas.
The company has targeted expansion outside North America while also exploring fresh opportunities in the cinema market in Europe.
Technology upgrade cycle, characterized by the purchase of newer technologies such as laser, projectors with upgraded servers, new screens, and smart sound systems, is underway all setting positive growth trajectory in fiscal year 2025.
Despite potential setbacks from the industry downturn, the company is in a stronger position operationally, financially, and competitively.
More details: Moving iMage Technologies IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Moving IMage Technologies Inc (MITQ) Q2 2024 Earnings Call Transcript:
以下是Moving Image Technologies Inc(MITQ)2024年第二季度财报电话会议记录的摘要:
Financial Performance:
财务业绩:
Moving Image Technologies reported a Q2 revenue of $3.3 million, a 33% decrease from last year.
Gross profit decreased by 42% to $0.8 million, with gross margin down 390 basis points to 23.2%, attributed to an unfavorable product mix that included the sale of large projectors with lower margins.
GAAP operating expenses rose by 10%, resulting in a GAAP operating loss of $0.8 million. GAAP and non-GAAP net loss stood at $0.8 million or $0.07 per share.
At the quarter's end, cash and cash equivalents amounted to $5.1 million, a decrease of $1.3 million from the first quarter.
Moving Image Technologies报告称,第二季度收入为330万美元,比去年下降33%。
毛利下降了42%,至80万美元,毛利率下降了390个基点至23.2%,这归因于不利的产品组合,包括销售利润率较低的大型投影机。
GAAP运营支出增长了10%,导致GAAP营业亏损80万美元。GAAP和非GAAP净亏损为80万美元,合每股亏损0.07美元。
在本季度末,现金及现金等价物为510万美元,比第一季度减少130万美元。
Business Progress:
业务进展:
Moving Image Technologies (MITQ) is shifting towards higher margin products to smooth out business cyclicality, including MITQ's MI translator and the CineQC platform.
MITQ is expanding its business to live entertainment venues and eSports, with potential growth opportunity being the E-caddy concept, aimed at stadiums and arenas.
The company has targeted expansion outside North America while also exploring fresh opportunities in the cinema market in Europe.
Technology upgrade cycle, characterized by the purchase of newer technologies such as laser, projectors with upgraded servers, new screens, and smart sound systems, is underway all setting positive growth trajectory in fiscal year 2025.
Despite potential setbacks from the industry downturn, the company is in a stronger position operationally, financially, and competitively.
Moving Image Technologies(MITQ)正在转向利润率更高的产品,以平滑业务周期,包括MITQ的MI翻译器和CineQC平台。
MITQ正在将其业务扩展到现场娱乐场所和电子竞技,潜在的增长机会是针对体育场和竞技场的e-Caddy概念。
该公司的目标是向北美以外地区扩张,同时还探索欧洲电影市场的新机遇。
技术升级周期正在进行中,其特征是购买激光、服务器升级投影机、新屏幕和智能音响系统等新技术,所有这些都在2025财年设定了正增长轨迹。
尽管行业低迷可能带来挫折,但该公司在运营、财务和竞争方面都处于更强的地位。
More details: Moving iMage Technologies IR
更多详情: 动态影像技术 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
风险及免责提示
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧