Resonant (RESN) Misses Q1 EPS by 8c

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Needham & Company Reiterates Buy on Resonant (RESN) Following 1Q

May 10, 2018 8:08 AM EDT

Needham & Company reiterated a Buy rating and $6.00 price target on Resonant (NASDAQ: RESN) following the company's 1Q earnings report. RESN reported revenue of $157K, which was in line with estimates after adjusting for the adoption of ASC 606 that negatively impacted RESN's 1Q18 licensing... More