Resonant (RESN) Misses Q1 EPS by 8c

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Go back to Resonant (RESN) Misses Q1 EPS by 8c

Resonant Inc. Reports First Quarter 2018 Financial Results and Provides Business Update and Financial Outlook

May 9, 2018 4:05 PM EDT

GOLETA, Calif., May 09, 2018 (GLOBE NEWSWIRE) -- Resonant Inc. (NASDAQ: RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for wireless devices, today announced financial results for the first quarter ended March 31, 2018 and provided a business update.

Key Highlights:

Revenues of $157,000 in Q1 2018. Given current customer plans, Resonants revenues are expected to increase significantly quarter over quarter through the balance of the year, trending towards mid seven digits for the fiscal yearCustomer unit volume shipments ramped significantly, achieving a new... More