secwatch.observer — SEC 8-K summary
======================================

Issuer:     MOVING iMAGE TECHNOLOGIES INC. (MITQ)
CIK:        0001770236
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001104659-22-016118
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MiT reports 113% revenue growth in Q2 FY2022; raises FY guidance to $14-16M
---------------------------------------------------------------------------

- Revenue $3.4M, up 113% YoY; GAAP net loss ($0.6M) vs ($0.4M) prior year.
- Backlog $11.1M, up 44% sequentially; cash $9.0M.
- FY2022 revenue guidance raised to $14-16M (93-121% YoY growth).
- Non-GAAP diluted EPS ($0.04) improved from ($0.07) YoY.
- Operating loss widened to ($0.6M) from ($0.4M) on GAAP basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770236/000110465922016118/0001104659-22-016118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770236/000110465922016118/tm225638d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-016118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer