Santa Fe, New Mexico and Fountain Valley, California--(Newsfile Corp. - February 26, 2026) - Moving iMage Technologies, Inc. (NYSE American: MITQ), a leading provider of cutting-edge out-of-home entertainment technology and services for cinema, stadiums, arenas, Esports and other venues, today announced the completion of a substantial cinema technology consultation and auditorium upgrade for EVO Entertainment's new eight-screen theater complex in Sante Fe, New Mexico. The upgraded theater complex, which is ...

Core Insights - Moving iMage Technologies (MiT) has acquired the Digital Cinema Speaker Series (DCS) loudspeaker product line from QSC, enhancing its position in the global cinema market [1][2][3] - The DCS line is recognized for its high-quality audio performance and has a strong legacy in the cinema industry, making it a strategic addition to MiT's offerings [2][5][8] Company Overview - MiT is a provider of advanced out-of-home entertainment technology and services, focusing on cinemas, Esports, stadiums, and arenas [1][12] - The acquisition was funded through MiT's solid balance sheet, and the transaction closed on October 31, 2025 [3] Product Details - The DCS product line includes three series: SC Series (screen channel loudspeakers), SR Series (surround speakers), and SB Series (low-frequency effects speakers) [7][8] - The acquisition includes access to designs, trademarks, and other intellectual property necessary for manufacturing, as well as inventory management [3][4] Market Position - The DCS line has gained significant global market share since its introduction in 2004, becoming a standard in modern cinema sound [2][5] - MiT aims to leverage the DCS brand to expand its customer base and enhance its value proposition in North America and globally [8]

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Thursday.U.S. stocks settled lower on Thursday, with the Nasdaq Composite falling more than 100 points during the session. The S&P 500 fell for the third session in a row.Accenture (NYSE: ACN) posted better-than-expected fourth-quarter 2025 results on Thursday. Shares of CarMax, Inc. (NYSE: KMX) dipped 20% on Thursday after the company reported second-quarter EPS and sales bel ...

Market Sentiment - The CNN Money Fear and Greed index showed a decline in overall market sentiment, remaining in the "Greed" zone with a current reading of 52.2, down from 55.3 [1][5] - U.S. stocks settled lower, with the Nasdaq Composite falling more than 100 points and the S&P 500 declining for the third consecutive session [1][4] Company Performance - Accenture (NYSE: ACN) reported better-than-expected fourth-quarter 2025 results [2] - CarMax, Inc. (NYSE: KMX) shares dipped 20% after reporting second-quarter EPS and sales below estimates [2] Economic Indicators - U.S. durable goods orders increased by 2.9% month-over-month to $312.1 billion in August, contrasting with a revised 2.7% decline in July and exceeding market estimates of a 0.5% fall [3] - The U.S. trade deficit in goods decreased by $17.3 billion month-over-month to $85.5 billion in August, compared to market estimates of $95.65 billion [3] - Initial jobless claims fell by 14,000 to 218,000 in the third week of September, against market estimates of 235,000 [3] - The U.S. economy grew at an annualized rate of 3.8% in the second quarter, up from 3.3% in the second estimate [3] Sector Performance - Most sectors on the S&P 500 closed negatively, with materials, health care, and consumer discretionary stocks experiencing the largest losses [4] - Energy and information technology stocks closed higher, bucking the overall market trend [4]

Core Insights - Moving iMage Technologies has partnered with Metro Private Cinema to launch a unique 20-screen private screening room facility in New York City, set to open on September 1st, 2025 [1][6] - The facility aims to provide a high-end cinema experience, accommodating groups of 4 to 20, featuring advanced cinema technology and luxurious amenities [3][6] Company Overview - Moving iMage Technologies specializes in out-of-home entertainment technology and services, including cinema, Esports, and stadium solutions, and has been operational since 2003 [9][10] - The company offers a wide range of products and services, including integrated systems design, custom engineering, and installation services for various entertainment environments [9][10] Project Details - The Metro Private Cinema will feature DCI-compliant cinema projection systems and professional-grade audio solutions, including Christie CP2406-RBe laser projectors [4][6] - The auditoriums are designed with giant screens, immersive sound, private dining options, and motorized plush recliners, enhancing the overall moviegoing experience [3][6] Market Positioning - The collaboration between Moving iMage and Metro Private Cinema is positioned to redefine the cinema experience, targeting high-net-worth individuals and groups seeking exclusive entertainment options [6][7] - Metro Private Cinema offers a variety of viewing options, including the latest releases, independent films, sports, and custom events, catering to diverse audience preferences [7][8]